HRZ horizon minerals limited

Ann: Grant of Court Orders Convening Scheme Meetings, page-41

  1. 7,714 Posts.
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    Hi NTN,
    Auric just finishing off their 1st project.
    Their other projects haven't reached the stage where the sort of info you are after exists.

    Below are a few of their announcements which give you an idea on where they are at.
    They are about 20% of their recent peak , as far as I can tell , because the cash profit from the project is a tad less than was hoped.

    02898051.pdf
    02875248.pdf
    02893983.pdf
    45myr83mq6b9l9.pdf

    The last one is interesting , it reports the inferred and indicated resources for Jeffery's before mining and processing.
    Compare those numbers with how much gold has been produced , bearing in mind they get 50% of what is left over after costs

    Now to get HRZ to 13c , you would need to add a 100 million dollars to its capitalisation.
    So a lot more needed for HRZ to match Auric's rise , or even go anywhere near it.
    I think the apples and oranges metaphor came from that.
    cheers

 
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