HRZ 5.13% 4.1¢ horizon minerals limited

IMO it would have been better to wait until the DFS is completed...

  1. 11,632 Posts.
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    IMO it would have been better to wait until the DFS is completed next year to sell Richmond Vanadium Project in order to get the best price? Unless they are in a rush to get cashflow to fund something else and continue to focus on another project? I would be surprised if they sold now, after holding this long and waiting for the studies to finalise. Plus HRZ have more than enough funds and not desperate for cash. Vanadium will be as hot as lithium moving forward and plenty of companies are focusing on Vanadium now with the future price outlook. The Richmond project was actually how I found this company. Anyway, interesting announcement and I will be waiting closely to see what it's about.

 
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