Everything seems agreeable, except I would like to add that the management is either thinking differently or acting against the LT SH interest with the unjustifiable 2nd tranche and possibly how the money is being managed.
Just trying to think outside the box after considering SP, management actions, delays to gold production, current gold market etc. Is the SP returning and breaking out the manipulated lows 4.9c a clear indication of either management taking kick back in some form or working in favour of the manipulators and against current SH interests? I wish the answer is no.
In any case, there is a feel that there is something undesirable happening at the very moment our SP should have gone from strength to strength. It may be comparable to a situation such as - In a farm, when the fruits were harvested, the employed harvester in spite of getting compensated with a fair wage, either channels out a third of the harvest to their people or showed incompetence resulting in a third of the harvest getting say mouldy and rotten costing the owners even more money for the cleaning up the whole mess (while a handful of owners got secretly compensated).
Please note the management has not been proven to have done anything wrong so far, so I will not accuse them of any wrong doing. Also, I don't have all the facts that lead to their current decisions, so I won't say they are incapable. However, in my opinion, the end results remain the same for the LTSH.
Therefore, it may be good to truly thank the current management for all the good they have delivered and opt for a change that is for good for everyone. For example Ashok has already got another job while our job is undone yet.
The change can start from the tranche 2, unless otherwise a satisfactory explanation comes from Ashok and GH. I certainly believe that dirctors are answerable to the SH, as ultimately we are the ones holding the sack for their actions.
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horizon minerals limited
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Ann: Nimbus Zinc Silver Project Update, page-28
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Last
5.4¢ |
Change
-0.001(1.82%) |
Mkt cap ! $133.1M |
Open | High | Low | Value | Volume |
5.5¢ | 5.7¢ | 5.2¢ | $820.4K | 15.10M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 322156 | 5.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 141651 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 322156 | 0.054 |
2 | 225000 | 0.053 |
2 | 389616 | 0.052 |
5 | 689000 | 0.051 |
11 | 620800 | 0.050 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 71961 | 2 |
0.057 | 936805 | 3 |
0.058 | 201385 | 3 |
0.059 | 50700 | 1 |
0.060 | 817137 | 6 |
Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
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