HRZ
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6.00% 5.3¢ horizon minerals limited

Can any Horizon holder explain why the US$5,000,000 was provided...

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  1. Lowkeyinvestor
    4,279 Posts.
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    07/03/24
    20:39
    Post #: 72802096
    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
    HRZ Price at posting: 3.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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