HRZ horizon minerals limited

Great post cormacart. I found information on nimbus,that they...

  1. 139 Posts.
    lightbulb Created with Sketch. 199
    Great post cormacart. I found information on nimbus,that they had planes to drill some deep holes on nimbus which had shown NIMBUS could grow substantially. From the last big credit raise from sophisticated investors,there was a promise off $4 to 5 million put aside for drilling. Let it happen. HRZ was caught up with the sale of its interest in RVT for over twelve months and very little happened elsewhere.Offcourse with the escrow applied to the shares distributed,they dropped by more than 50%.
    With the two merges happening over the past 18 months ,which indeed added value to HRZ but also added a huge dilution to the company’s value.Our share price has also dropped by more than 50% since the last exploring stopped.
    PRESENT DAY..The 3rd party gold production is going very well and at these record high gold prices I hope they extend these contracts well past mid 2026…AS HRZ have not had a good name for timelines,I would extend these contracts well into 2027 even if this meant a overlap of our own mill refurbishment start up. We have plenty of deposits all around Kalgoorlie close to all existing mills.
    The worst thing could happen if the gold production stopped,and income stopped coming in ,,before the completion and start up of our mill. Which may take 2 years before startup.As my father taught me,,,,you need to have more than one finger in the pie,,,,IN the case of HRZ. NUMBER1 keep gold production and income coming in.
    Number 2 Refurbishment of mill and look at the backend to include silver equivalents
    Number 3 Make sure we have more than two or three mines to draw ore from.
    Number 4 DO more drilling,,,not just inpit drilling, Nothing more excites the market like good drill results.
    Number 5 THE THUMB. Keep timelines on time. Keep the shareholders informed.
    For those of you that are interested HRZ are doing another presentation at NOOSA mining conference in JULY.
    G L T A H
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
5.1¢
Change
0.000(0.00%)
Mkt cap ! $125.7M
Open High Low Value Volume
5.1¢ 5.3¢ 5.0¢ $349.7K 6.760M

Buyers (Bids)

No. Vol. Price($)
6 1585559 5.1¢
 

Sellers (Offers)

Price($) Vol. No.
5.3¢ 1089476 5
View Market Depth
Last trade - 16.10pm 27/06/2025 (20 minute delay) ?
HRZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.