HRZ 2.44% 4.0¢ horizon minerals limited

Refreshing to see some positive newsflow in relation to...

  1. 11,104 Posts.
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    Refreshing to see some positive newsflow in relation to production commencing. Sounds like FMR are in the box seat to undertake business with. Hopefully management can organise a favourable deal for shareholders and ensure decent profits!

    "Horizon has also secured a 200kt processing allocation with FMR Investments (FMR) via the Greenfields Plant. 2 Formal mining and processing contract / JV negotiations are well underway with preferred partner FMR, following which the Horizon Board will make a formal Financial Investment Decision for the development of the Cannon project."

    Looking forward to getting this initial hurdle out of the way, once producing in this extremely positive gold environment, it basically opens the doors to further key business ventures and commencing work at other assets such as Nimbus Silver-Zinc etc. Once we can prove cashflow, and banking money, the funds, banks, peers etc will be more inclined to take us seriously and undertake business with us. Once Cannon is up and running I will be feeling very confident! Crazy to think we are still 4c but hopefully once the new financial year starts up and management continue proving this turnaround, we will see the liquidity and investors return.

    Due to how tight the register is and the fluctuates on fairly low volume in recent months, any big volume spikes and more interest from buyers will move the share price higher incredibly quickly imo!
    Last edited by coto: 14/06/23
 
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