Good announcement. AWJ has been doing well from their JV with BML.
Phillips Find is nice grade. 200kt at 2.4g/t (guessing based on indicated tonnes) at 90% recoveries is about 13,900 ounces. At $4k/oz that is $55.5m revenue. Assume $1,600 margins at worst case and $800 to HRZ (50%) that is still another $11m to HRZ next year.
This cashflow goes a long way to setting up longer term plans.
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Last
4.4¢ |
Change
-0.003(6.38%) |
Mkt cap ! $127.1M | |||
| Open | High | Low | Value | Volume |
| 4.6¢ | 4.7¢ | 4.4¢ | $354.0K | 7.827M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 3392974 | 4.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.5¢ | 2312 | 1 |
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| Last trade - 16.10pm 31/07/2025 (20 minute delay) ? |
| HRZ (ASX) Chart |