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3.7¢ horizon minerals limited

HRZ General Discussion, page-164

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bobby.

253 Posts.

24

19/02/22

14:36

Post #: 59679580
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Originally posted by bodeh: ↑

Not sure about the construction of our own mill next year , the cost at the beginning of last year was indicated at around $80 mil ,since then the cost is up 30-50% according to management , and will likely raise further into the year.
unless our SP increases substantially, financing130-150 mil would require excessive dilution of share base if SP stays in the region of 12-13 cents as it has for the last year, regardless of the great news we have had.

The best result i can see going forward is either a merger with a company with a mill or find a second hand mill to dismantle and relocate .
would be interested in any other ideas the group has ,and put forward for discussion .

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perhaps hrz should make a scrip take over offer for fml

let the market decide

i think many would view our managemet and assets

worth serious consideration and backing

any unwanted tenements could then be sold on

HRZ Price at posting: 13.0¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 3.7¢		Change 0.001(2.78%)		Mkt cap ! $41.38M

Open	High	Low	Value	Volume
4.0¢	4.0¢	3.7¢	$20.29K	528.0K

Buyers (Bids)

No.	Vol.	Price($)
1	26315	3.8¢

Sellers (Offers)

Price($)	Vol.	No.
3.9¢	674	1

View Market Depth

No.	Vol.	Price($)
1	26315	0.038
4	375672	0.037
5	605777	0.036
7	263232	0.035
2	394147	0.034

Price($)	Vol.	No.
0.039	674	1
0.040	315442	4
0.041	156306	1
0.043	200000	1
0.044	30150	2

Last trade - 12.10pm 29/07/2024 (20 minute delay)

HRZ (ASX) Chart