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7.14%

5.2¢ horizon minerals limited

Ann: Half Yearly Report and Accounts, page-16

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MAGADAN

1,478 Posts.

69

11/03/24

15:51

Post #: 72843152
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Originally posted by Lowkeyinvestor: ↑

It looks like it took myself a vocal GSR shareholder to go into Horizons balance sheet and point out a possible financial issue that may impact an increase to shares on issue if the debenture holder options for shares prior to or at maturity date.

You shareholders should send letters (not emails) to the chairman of the company and also send an email copy to ASIC and the ASX.

One of you needs to stand up to be a central point and co-ordinate the letter content.

Your combined actions may get a real good positive announcement of an early change in the board and or a timeline to gold production post merger (if it goes ahead).

Good luck holders.

By the way 15 of my posts were moderated today so some people have dobbed me in and I don't think it was HC posters from either HRZ or GSR.

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No a lot of us are aware of this facility executed with Nebari in November 2022 and of course released to the ASX at the time.
I believe that was probably instigated by Ashok Parekh to get in to production.
As you are probably aware the other two directors had previously voted against going in to production. Parekh had wanted to get in to production asap.
But the progress since then has been appalling

HRZ Price at posting: 3.2¢ Sentiment: Hold Disclosure: Held
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Last 5.2¢		Change -0.004(7.14%)		Mkt cap ! $58.16M

Open	High	Low	Value	Volume
5.7¢	5.8¢	5.1¢	$126.7K	2.376M

Buyers (Bids)

No.	Vol.	Price($)
2	33000	5.2¢

Sellers (Offers)

Price($)	Vol.	No.
5.3¢	111132	2

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No.	Vol.	Price($)
2	33000	0.052
1	365928	0.051
7	245639	0.050
1	250000	0.049
6	83797	0.048

Price($)	Vol.	No.
0.053	111132	2
0.056	301800	2
0.057	114720	1
0.058	554073	3
0.059	380092	5

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