HRZ 2.63% 3.7¢ horizon minerals limited

Irrespective of outcome of the FML deal kudos to JP for what...

  1. 897 Posts.
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    Irrespective of outcome of the FML deal kudos to JP for what looks
    like a good strategy re the KWR deal.
    If my calculations are correct HRZ 's invstment at date is approx. $13m eg

    Shares in KWR-20m + 10.83m($1,625,000/15c)=30.83m @ current SP 32c=$9.86m
    Plus add -cash $3,375,000
    Total at date $13.235m

    Overall appears a clean deal ie no issue with contractors etc
    All the work to be done by KWR and if gold price keeps rising KWR's shares
    should rise accordingly.

    Well done JP.
 
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