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4.1¢ horizon minerals limited

HRZ General Discussion, page-164

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bobby.

253 Posts.

24

19/02/22

14:36

Post #: 59679580
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Originally posted by bodeh: ↑

Not sure about the construction of our own mill next year , the cost at the beginning of last year was indicated at around $80 mil ,since then the cost is up 30-50% according to management , and will likely raise further into the year.
unless our SP increases substantially, financing130-150 mil would require excessive dilution of share base if SP stays in the region of 12-13 cents as it has for the last year, regardless of the great news we have had.

The best result i can see going forward is either a merger with a company with a mill or find a second hand mill to dismantle and relocate .
would be interested in any other ideas the group has ,and put forward for discussion .

Expand

perhaps hrz should make a scrip take over offer for fml

let the market decide

i think many would view our managemet and assets

worth serious consideration and backing

any unwanted tenements could then be sold on

HRZ Price at posting: 13.0¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 4.1¢		Change -0.002(4.65%)		Mkt cap ! $45.86M

Open	High	Low	Value	Volume
4.2¢	4.2¢	4.0¢	$39.16K	953.4K

Buyers (Bids)

No.	Vol.	Price($)
1	62887	4.1¢

Sellers (Offers)

Price($)	Vol.	No.
4.3¢	43410	1

View Market Depth

No.	Vol.	Price($)
1	62887	0.041
3	259314	0.040
4	526063	0.039
7	494000	0.038
6	355477	0.036

Price($)	Vol.	No.
0.043	43410	1
0.045	233410	3
0.046	108134	1
0.047	419147	2
0.048	200202	2

Last trade - 15.45pm 04/09/2024 (20 minute delay)

HRZ (ASX) Chart