HRZ horizon minerals limited

An interesting take and definitely not out of the question, who...

  1. 14,337 Posts.
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    An interesting take and definitely not out of the question, who wouldn't want our large resource base?! There is huge exploration upside from all our exploration ground and future mines, with enormous room to expand along strike, down dip and with infill drilling. Our mines are in fantastic mineralised regions with huge room for improvement, management just needs to get drilling across them all. Adding to that our 2 mills we acquired with the POS merger, plus the cashflow coming in from our 2 current mines. We are massively undervalued in comparison to our peers and with the assets in our portfolio, especially after the past trading week being deep in the red. Now on the brink of dropping below a $100M market cap. Unbelievable for a producing goldie in this near record price environment. So yes, the potential is there for any of the larger cap goldies to acquire a gem at a lower price. Something we need to be vigilant about and need to keep management on check that they do not accept a cushy payout or shares in these bigger fish.

    The good news is that this is a great HRZ community in here, with many holders who have been burnt before from the previous ventures, even the previous HRZ management, so retail are awake! Our shareholdings matter when we vote, and we can make changes which can influence proceedings. If management show any signs of sneaky dealings, we give them a strike 1, which is just 5% of the vote on the ASX. That is just the warm up, we can get the voting base much higher with emails and contacting some of the larger, more 'independent' shareholder groups. This is a big plus, because in a lot of stocks, if you post something like this, you will get called a conspiracy theorist or something. However, holders in here have seen it all before and now know how biased the system can be against the retail end of the market. They know it is reality and not some conspiracy.
 
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(20min delay)
Last
5.1¢
Change
0.002(4.08%)
Mkt cap ! $125.7M
Open High Low Value Volume
4.9¢ 5.2¢ 4.9¢ $182.8K 3.613M

Buyers (Bids)

No. Vol. Price($)
1 177 5.1¢
 

Sellers (Offers)

Price($) Vol. No.
5.2¢ 624210 9
View Market Depth
Last trade - 13.01pm 26/06/2025 (20 minute delay) ?
HRZ (ASX) Chart
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