HRZ horizon minerals limited

Agree, closing out the loan seems to be the final hurdle. Just...

  1. 29 Posts.
    lightbulb Created with Sketch. 80
    Agree, closing out the loan seems to be the final hurdle.

    Just one point regarding Black Swan, do you think the timeline is cash constrained?

    Think about it, they need to finance resource extension drilling, mine studies and the mill restart but currently have no cash. We are cashflow positive as of this quarter, but it will take a while to accrue the necessary funds. For example, in a recent youtube interview Ashok said the mill upgrade will cost circa ~$40 M, but they won't have that much surplus cash until Q1 2026. Hence, the refurbishment study deadline is end of Q4 2025.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
4.8¢
Change
-0.002(4.00%)
Mkt cap ! $138.6M
Open High Low Value Volume
4.9¢ 5.0¢ 4.8¢ $219.4K 4.500M

Buyers (Bids)

No. Vol. Price($)
17 3201037 4.8¢
 

Sellers (Offers)

Price($) Vol. No.
4.9¢ 296300 3
View Market Depth
Last trade - 16.10pm 25/07/2025 (20 minute delay) ?
HRZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.