Australia's largest stock trading and investment forum Australia's #1 stock forum

HRZ

Click for more information

0.00%

5.0¢ horizon minerals limited

Yes they said they would update in March. We shall see.

First 30 Last

Share
Profile

Follow
MAGADAN

1,475 Posts.

69

13/03/24

20:58

Post #: 72871378
Share

Originally posted by Lowkeyinvestor: ↑

Thanks for that reference MAGADAN.
So the preproduction phase has started mid November and expected to take 3 months that takes us to about now with some holiday time taken. If this has happened and partners are near to doing deals an announcement couldn't be far off I would think.
My guess this announcement to start mining will be co-ordinated with merger scheme notices so as to get shareholder approval.
According to the Cannon development phase going for 16 months with processing starting in the 7th month that would mean gold production starts about November 2024 and if that is the case the 200,000t processing capacity from FMR is in question. Some other deposit will need to ready to start soon to use that capacity.
This is only my opinion and it's likely the musings of a deranged individual.

Expand

Yes they said they would update in March. We shall see.

HRZ Price at posting: 3.3¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 1 more message in this thread...

First 30 Last

Add HRZ (ASX) to my watchlist

(20min delay)
Last 5.0¢		Change 0.000(0.00%)		Mkt cap ! $35.04M

Open	High	Low	Value	Volume
5.0¢	5.0¢	5.0¢	$5K	100K

Buyers (Bids)

No.	Vol.	Price($)
2	110250	4.9¢

Sellers (Offers)

Price($)	Vol.	No.
5.5¢	178237	5

View Market Depth

No.	Vol.	Price($)
2	110250	0.049
2	95187	0.048
1	20000	0.047
1	76000	0.046
2	201111	0.045

Price($)	Vol.	No.
0.055	178237	5
0.056	448965	3
0.057	50000	1
0.058	143222	2
0.059	104356	2

Last trade - 13.03pm 29/05/2024 (20 minute delay)


Last 4.9¢			Change 0.000 ( 2.00 %)
Open	High		Low	Volume
4.9¢	4.9¢		4.9¢	1091
Last updated 15.43pm 29/05/2024 ?

HRZ (ASX) Chart