It will happen, the start has a lot of resistance, just to get back to the 12-13c recent historical channel is proving to be difficult in itself. Once the initial resistance is broken through, then the large re rates and moves will happen quite rapidly IMO. A lot of gold related news flow to come in 2025 after a slow start post POS deal. I am confident we have a very good year ahead and significant re rates, we just have to keep the market confident and get those large gold payments coming in! Likely $100M + for both Boorara and Phillips is significant, considering what the initial modelled forecasts were with a lower gold price. The market has to wake up to this eventually, especially with all our peers on massive runs.
HRZ Price at posting:
6.4¢ Sentiment: Buy Disclosure: Held
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