I'm posting this extract for any opinions on whether HRZ can follow suit. The phrase which grabbed my attention? 'Non-dilutive' capital raising;Our micro cap Investment Heavy Minerals (ASX: HVY) is up ~500% from its low point over the last 12 months…
And looks like it wants to keep going.
HVY has gone from a share price low of less than 5.5c to now trade at ~24.5c per share.
(our Initial Entry price is 10c)
AND HVY is still only capped at $16M.
We think the HVY share price is now reaping the rewards of management putting in the hard yards last year by raising ~$2M via a non-dilutive royalty sale agreement.
(Instead of the usual “quick cash injection band-aid” of a heavily discounted equity raise with free oppies that weigh on share prices for months, like most small resources companies do) [my bolding]
And the HVY share price run is indicating that the market now believes that HVY can further progress their project using this non-dilutive funding method.
db
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HRZ
horizon minerals limited
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5.5¢

I'm posting this extract for any opinions on whether HRZ can...
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Last
5.5¢ |
Change
0.001(1.85%) |
Mkt cap ! $135.6M |
Open | High | Low | Value | Volume |
5.5¢ | 5.5¢ | 5.2¢ | $525.7K | 9.805M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 200000 | 5.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 1541059 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 200000 | 0.053 |
7 | 1460428 | 0.052 |
3 | 608235 | 0.051 |
12 | 584800 | 0.050 |
6 | 578872 | 0.049 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 1541059 | 5 |
0.056 | 800000 | 2 |
0.057 | 736805 | 2 |
0.058 | 471385 | 3 |
0.059 | 1022436 | 5 |
Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
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HRZ (ASX) Chart |