HRZ 0.00% 3.7¢ horizon minerals limited

Ann: Investor Presentation May 2019, page-2

  1. 12,821 Posts.
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    Pretty much what we have already heard >>looks like I'm right 2021-22 till any hope of production as If all goes to plan later 2020 DFS will be finalized ... Project financing can take some time.. then Plant refurbing /Mining ramp-up ... ramp-up Production ..

    . I'm predicting on MID 2021 first Gold bar poured ..a couple of rough Qtrs on Ramp-up iron out plant so 1Q22 till really market driving cash flows filling the bank balance and Market interest driving value 200m+ cap

    from latest presentation
    On successful completion of the PFS, advance the DFS and project financing options by June 2020


    Now how much Capital is going to be needed to get through to 2022 will be much larger than current MKtcap ...

    Still Long term I'm very Bullish AUD Gold and JP and team kicking all the goals to become the next mid-tier Gold producer in the region will certainly be cheering from the sidelines till least 2021
    Last edited by Sharetrader78: 16/05/19
 
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