HRZ horizon minerals limited

Yes, I see nothing wrong with what the guy is doing in banding...

  1. 14,287 Posts.
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    Yes, I see nothing wrong with what the guy is doing in banding together the retail community here within HRZ. We are a strong force and we need to keep it that way to ensure the big end of town cannot dilute us away and take away our power. When that happens is when things come unstuck. If any more raises are required I would love to see retail getting involved. I doubt a raise will be needed because current revenue should be enough to pay the mill refurb costs. However, You never know, we may buy further assets/junior companies to increase our overall resource position which requires additional funds. I did mention a company recently (VRL). Since then their share price has gone from 1c to 2.5c. I wonder if HRZ management are involved in any of those purchases. I am sure management have some additional M&A activity lined up this year Imo, when the junior market is yet to break out, that’s buy time imo. Just like it is buy time right now for HRZ stuck at these lows even though we are generating millions in profits right now, after a slow start from both Boorara and Phillips. Now that the teething issues are out of the way, the cash should be flowing in now! Aud gold still around $5000aud, despite the usd dropping off a few hundred US dollars in the past fortnight.

    Management just need to get the drilling newsflow ramping up now! Along with regular production updates to drive confidence.
 
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(20min delay)
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
Last trade - 16.10pm 17/06/2025 (20 minute delay) ?
HRZ (ASX) Chart
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