HRZ 2.38% 4.1¢ horizon minerals limited

Ann: Completion of Asset Swap with Northern Star, page-14

  1. 297 Posts.
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    I'd like to see both options running concurrently.

    Get the cash flowing with toll milling of the Boorara ore. This is bare minimum we must achieve. A must.

    Meanwhile, keep door open for dealing with FML. If they are sincere in wanting to deal with us if and when government/regulatory approvals come back in, cut a deal with BUT but don't get bullied into paying more than what we've previously agreed on. Any dilution with a CR here will get quickly countered with us getting a re-rate of having 3+moz + own mill in a strong gold price environment.
 
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