HRZ 0.00% 4.1¢ horizon minerals limited

Bots are back and winning ATM, page-8

  1. 3,124 Posts.
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    I can feel what other interminions are feeling when you have a company like IRC with great value and management with integrity, which is getting looked over for POS like KIN and BLK (esp BLK!) and even OGX - which I admit I hold but sold down 50% of my stake beginning of week due to the BS.  

    IRC has the ground to become 50-100kozpa...its just a matter of time to drill and JORC it up.  

    Let's have some fun (and this is well within reach)

    If in 2018/2019 we reach 1M ounces (Measure and Inferred), then
    - 100kozpa production
    - ASIC $1150 (worst case scenario)
    - 100kozpa x $550 ($1700 AUD POG - ASIC) = $55M
    - 55M / 250M shares (inc. options) = 0.22c EPS
    - 0.22c x P/E 9 = $1.98 SP!!!

    PS ---------> that's without the the Vanadium.
 
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