Another $38m in FCF at spot prices for Penny's Find. Cash from the first two toll treat deals can cover up front capex.
Empty mill space in WA is a gift for companies like HRZ that have a bunch of smaller satellites that they don't need for their core plans.
There is about $100m of toll treat income at spot already studies and permitted. Good pathway to funding refurb of POS infra.
Ann: Pennys Find Pre-Feasibility Study and Ore Reserve, page-2
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Last
5.5¢ |
Change
0.001(1.85%) |
Mkt cap ! $135.6M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.5¢ | 5.2¢ | $525.7K | 9.805M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200000 | 5.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 1541059 | 5 |
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| Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
| HRZ (ASX) Chart |