HRZ 0.00% 3.7¢ horizon minerals limited

Great to see, the cash keeps coming in AND without any 'dilution...

  1. 11,331 Posts.
    lightbulb Created with Sketch. 4668
    Great to see, the cash keeps coming in AND without any 'dilution creating' Capital Raisings!!! Plus IMO no CR to see for at least a year (unless we have a massive production related expense arrive before scheduled 2022 production).

    - We have at least 2 projects set for production by mid 2022 (our gold and silver projects).
    - We have plenty of money in the bank to progress towards production up until construction stages IMO
    - We have multiple projects with huge upside focusing on a huge diverse range of commodities - IMO that de-risks us substantially in the case that some commodities may tank/others rocket in the future etc.
    - Management are playing a low risk, high long-term reward style approach - therefore we are unlikely to see huge turbulence in the SP (as seen of late) with no huge amount of day traders arriving pumping and dumping as you see in some of our peers.
    - Multiple active JV's with these related parties all rapidly progressing to production stages as well - we will have our finger in the pie with multiple projects and commodities - law of averages say at least one will take off at some point (hopefully all)
    - Several Greenfields projects with plenty of cash in the bank for initial surface sampling exploration programs at all these target areas seen from geophysics and historical research.
    - Plenty of ongoing drilling happening right now with a constant stream of drilling updates and assay result releases to come during the next year and beyond the immediate future - which with law of averages will no doubt create further feasible projects.

    IMO this is trotting along well and truly under the radar and does not get the attention it should, compared to peers of similar stature. It is cheap as chips right now and at some point this will burst and reflect true value. Compared to companies which don't hold half the tenures and opportunities and don't have half the cash reserves (which will no doubt have 1 or 2 CR's before we get our next one).
    Top up while you can!

 
watchlist Created with Sketch. Add HRZ (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.