Exactly, the pipeline of projects is endless for HRZ. We have too many gold mines that we know what to do with. It is now a matter of methodically ticking them off into production and choosing the most viable and advanced-stage projects to get going first.
Ideally this will be done with the refurbished mills from the POS deal to maximise profits. At some stage we will need to find a larger 3-4moz + project to get to the next level, but for now we have more than enough near term cashflow to refurbish the mills, ramp up development on multiple projects and get a decent exploration program going to hopefully find that large discovery. We have decent and widespread tenure holdings in rich gold country so I think a solid discovery is a good chance once we can spend the millions on drilling.
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HRZ
horizon minerals limited
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5.5¢

Ann: Pennys Find Pre-Feasibility Study and Ore Reserve, page-3
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Last
5.5¢ |
Change
0.001(1.85%) |
Mkt cap ! $135.6M |
Open | High | Low | Value | Volume |
5.5¢ | 5.5¢ | 5.2¢ | $525.7K | 9.805M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 200000 | 5.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 1541059 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 200000 | 0.053 |
7 | 1460428 | 0.052 |
3 | 608235 | 0.051 |
12 | 584800 | 0.050 |
6 | 578872 | 0.049 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 1541059 | 5 |
0.056 | 800000 | 2 |
0.057 | 736805 | 2 |
0.058 | 471385 | 3 |
0.059 | 1022436 | 5 |
Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
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HRZ (ASX) Chart |