HRZ 7.32% 4.4¢ horizon minerals limited

Any ideas on Nimbus's Value?, page-8

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    I did the economics a few months back when silver was at US$30/oz and analyst were saying it may shoot up to $40-50/oz due to demand from green energy and semi-conductors. I used high side POS estimate to see the potential of Nimbus but generally any economics disclosed by the company would have conservative POS a few dollars short of the VWAP spot price.

    You can see the challenges of Nimbus my assumption on CAPEX is high and the OPEX also on high side. The team engaged to progress feasibility of Nimbus will need to get these numbers down to make Nimbus work with a much lower POS.
    Last edited by ecker: 22/04/21
 
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