HRZ 6.25% 4.5¢ horizon minerals limited

Ann: Lithium Exploration Update, page-55

  1. 4,009 Posts.
    lightbulb Created with Sketch. 1322
    Can any Horizon holder explain why the US$5,000,000 was provided and why was it fully drawn?

    Greenstone have no debt and $500,000 in the bank whereas Horizon has a net debt of A$2,000,000.

    Why would Greenstone take on Horizons debt burden?

    https://hotcopper.com.au/data/attachments/6017/6017786-9bd03aaeb5f1c640054f22787718ff3b.jpg


    https://hotcopper.com.au/data/attachments/6017/6017784-3dca8cb9996d8fab1c44991b2a40169a.jpg
 
watchlist Created with Sketch. Add HRZ (ASX) to my watchlist
(20min delay)
Last
4.5¢
Change
-0.003(6.25%)
Mkt cap ! $34.34M
Open High Low Value Volume
4.9¢ 4.9¢ 4.5¢ $36.28K 775.5K

Buyers (Bids)

No. Vol. Price($)
1 200000 4.5¢
 

Sellers (Offers)

Price($) Vol. No.
4.8¢ 30000 1
View Market Depth
Last trade - 12.02pm 14/05/2024 (20 minute delay) ?
Last
4.7¢
  Change
-0.003 ( 2.08 %)
Open High Low Volume
4.8¢ 4.8¢ 4.6¢ 141984
Last updated 12.02pm 14/05/2024 ?
HRZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.