CEO states by the end of 2026 the BSwan MILL & HQ will be producing & working.
Thats a target date now
This is a MONSTER MILL larger than Kanowna Belle 30km north west
Kanowna Belle does a whopping $900M pa revenue now 1.8MTpa
BSWAN MILL is 2.2MTpa
It can produce around $1.3B pa revenue at capacity depending on grades
I dont think many of you here understand the size and scale of the BSwan project
It cost $1.6B to build upgrade and maintain since 1995
First LionOre then Norilsk then POS spent massive sums on it and the MILL was expanded
it became Norilsks Oz HQ here with plans to build and upgrade
It also sits on a 3km strike of high grade gold underneath it all plus has $7B Ni JORC there in the open pit and tailings plus many buildings, rec room, staff camp for 200 already, toilets, airstrip, roads, crushing circuits, railings, tailings dam big plus stockpiles
Its a MONSTER project that was going to underpin AFs Ni return and POS Ni restart but they were unable to do it so flipped it here with all of us ole POS holders who are enjoying the cheapies and plans.
Studies by GR already proved BSwan can MILL GOLD & be easily converted to GOLD from NICKEL production. It can still produce both with Ni as a byproduct now.
POS had over 5 MOUs on other producers including NST GMD wanting its water and MILL use.
It can host a 100 person DIDO crew from Kalgoorlie easy plus 10 person night shift for a 24-7 hour milling tolling operation. Its close to Kalgoorlie and NSTs Kanowna Belle
Very surprised NST & MIN didnt bid for it all for $1B but once its producing we will start seeing its true value in the $Bs imho as we have seen with IGOs Nova which is way way smaller and NDSTs Kanowna Belle which is also smaller than BSwan.
BSwan will become the HRZ HQ and a REGIONAL PRODUCTION POWERHOUSE imho
BELIEVE IT.
All for 5c, LOL
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horizon minerals limited
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Last
5.1¢ |
Change
-0.004(7.27%) |
Mkt cap ! $125.7M |
Open | High | Low | Value | Volume |
5.4¢ | 5.4¢ | 5.1¢ | $366.9K | 7.012M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 1426330 | 5.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.3¢ | 278938 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 1426330 | 0.051 |
18 | 860376 | 0.050 |
5 | 639024 | 0.049 |
7 | 336125 | 0.048 |
4 | 871210 | 0.047 |
Price($) | Vol. | No. |
---|---|---|
0.053 | 278938 | 4 |
0.054 | 1150747 | 4 |
0.055 | 1798868 | 8 |
0.056 | 1850000 | 4 |
0.057 | 1002805 | 5 |
Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
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REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
Ronald Miller
Non-Executive Director
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