I am a Greenstone holder and I am only catching up with Horizons ambitions and potential. Back a little will I posted a time line for Cannon it included the dewatering followed by preproduction works and then ore removal in the 7th month through to the first gold milling being in November 2024 and going through to the middle of 2025 or a little longer.
This announcement confirmed my estimation. The untold story in my view is the Greenstone merger and how/when the already permit to mine Burbanks North comes into play using the 200,000t FMR mill processing capacity this year. I think Burbanks north 22,400oz will be the first mined. The assumption is the merger is voted FOR by Greenstone holders.
I think this is a good announcement for shareholders although the market was flat but when that portal starts hopefully the market starts too.
HRZ Price at posting:
3.3¢ Sentiment: None Disclosure: Not Held
