HRZ horizon minerals limited

interesting that a few people on FML threads are banging on...

  1. 628 Posts.
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    interesting that a few people on FML threads are banging on about a FML/HRZ merger, either we take them out or vice versa, under the "they need ore we need an operating mill asap" logic. I have always had a hunch/fear that this is a domino type deal. one of the majors would then take that out immediately you would've thought. M&A is an awesome way for management to ingratiate themselves too. Hope it doesn't happen. maybe the Pos deal is Hrz's fk you to FML for backing out of the deal years back?
    I'm just gobsmacked that the HRZ has gone from a 20m mcap, with over 1m oz, and tolling deals in place (yes I realise that they're pretty awful agreements with seemingly VERY shifty operators), and the nimbus resource.
    and now we're at 120m odd, a lower share price, (yes I understand that what I'm wingeing about is called dilution), and a capital thirsty mill refurb.?
    I understand the logic of growth, expansion, and the incredible opportunity of owning a mill,
    but it's gaslighting to the extreme when grant gives a nod to loyal shareholders(who weren't offered the placement haha). patient loyal long term holders, who have seen the gold price triple, while the share price has halved. I'd rather be addressed as "stale holders" because that's essentially how we've been treated, and will be quite happily and actively gotten rid of.. ASX 1.01 really.
    Friday night rant over, got a couple more at 4.6 which is good i suppose.
 
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Last
4.9¢
Change
0.000(0.00%)
Mkt cap ! $120.8M
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4.8¢ 4.9¢ 4.6¢ $384.3K 8.129M

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No. Vol. Price($)
1 822743 4.8¢
 

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Price($) Vol. No.
4.9¢ 532530 5
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