- Looking so start production first half next year - mainly from Cannon at approximately 25-30K ounces per annum. targeting higher grade dirt. going through all the numbers and permits now. secured toll mill agreements from 2 local mills - new vanadium company is going to be 100m worth approximately preraise so horizon share is 25m. current market cap is 40m so numbers are silly. - options to be worth around 2.5-4c each. - drilling update coming but going to be timed after SPP close most likely. - current capital raise is with current larger institutions who are happy to hold long term - unfortunately directors aren't allowed to participate in raise but are going to buy on market once they get the green light - following quarterly.
HRZ Price at posting:
7.2¢ Sentiment: Buy Disclosure: Held
