HRZ
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0.00% 3.7¢ horizon minerals limited

Ann: Bell Potter Unearthed Conference Presentation February 2022, page-8

  1. Chaka1988
    413 Posts.
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    10/02/22
    13:38
    Post #: 59485144
    GCY built a mill few years ago for under $100m. Same mill would be almost double in cost right now. HRZ will probably need a smaller size mill but we are still talking about substantial amount of money north of the current MC. Just for comparison, Lakewood Mill was purchased for $5.5m in 2014. I believe it has half the capacity than Dalgaranga mill.
    HRZ Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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