So true! The location of Horizon's projects cannot be overemphasised. Many companies have found reasonably decent deposits somewhere in the middle of the bush, but they never progress anywhere just because of the location alone. This definitely isn't the case for HRZ's assets around Kalgoorlie. In fact, just as you said, we are in a situation that is quite the opposite and the location is extremely favourable.
Also, at this stage, I am feeling pretty good about the fact that HRZ is not a meme stock and it is not a company that is overpromising, even if it means that the share price is somewhat stuck for the time being. So many companies are waaaaay overselling their potential. This has especially become visible in this Covid-era liquidity abundance. However, most of these companies are not sustainable in the long-run and even the past few days of rougher markets have shown how some rockets have seen quite a rapid drop. HRZ, on the other hand, will rocket when the time is ripe. Based on what we know, the management is great, the resources are great and the team is working towards the launch. All we have to hope is that the commodity prices stay favourable, because this is one single variable that we cannot control.
- Forums
- ASX - By Stock
- HRZ
- Ann: Final Boorara Toll Milling Campaign nets $1.2 Million Cash
Ann: Final Boorara Toll Milling Campaign nets $1.2 Million Cash, page-9
-
- There are more pages in this discussion • 27 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HRZ (ASX) to my watchlist
|
|||||
Last
4.4¢ |
Change
0.003(7.32%) |
Mkt cap ! $49.21M |
Open | High | Low | Value | Volume |
4.2¢ | 4.4¢ | 4.1¢ | $8.234K | 193.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 19000 | 4.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.4¢ | 108134 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 19000 | 0.042 |
3 | 92875 | 0.041 |
6 | 2568564 | 0.040 |
4 | 526063 | 0.039 |
5 | 201000 | 0.038 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 108134 | 1 |
0.045 | 20000 | 1 |
0.047 | 200000 | 1 |
0.048 | 5143 | 1 |
0.049 | 450760 | 2 |
Last trade - 14.32pm 05/09/2024 (20 minute delay) ? |
Featured News
HRZ (ASX) Chart |