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3.8¢ horizon minerals limited

Menzies Goldfield / JV Potential, page-16

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HotRods65

8,340 Posts.

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01/02/18

21:05

Post #: 30752008
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Originally posted by Sharetrader78 ↑

Looking good for EGS to come back from the dead just in time to keep their J/V commitments >>>>

>>From EGS ann today
HIGHLIGHTS ➢ EGS has signed a subscription agreement with Hawke’s Point Holdings L.P. for a subscription of $17.5 million, as part of a wider placement to raise a total of approximately $30.6 million ➢ EGS proposes to raise a further $7.18 million by way of a nonrenounceable rights issue to existing shareholders (including Hawke’s Point) ➢ Tranche 1 settled to raise $13.07 million ➢ Funds raised will allow for payment of trade creditors, additional exploration, ongoing resource development and feasibility studies in relation to the Company’s Mt Ida and Menzies Projects, as well as providing general working capital for the gold operations at Davyhurst

Then of course to toll treat our Goongarrie ore =8mill+

Should well have two Toll treatment operations ongoing soon enough ...talk about sweet cashflow's

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Good new, we might be mining Goongarrie sooner rather than later.

IRC Price at posting: 19.0¢ Sentiment: Buy Disclosure: Held
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Last 3.8¢		Change 0.000(0.00%)		Mkt cap ! $42.50M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
2	210276	3.9¢

Sellers (Offers)

Price($)	Vol.	No.
4.0¢	1671	1

View Market Depth

No.	Vol.	Price($)
2	210276	0.039
1	178553	0.038
1	47728	0.037
1	33333	0.036
2	350885	0.035

Price($)	Vol.	No.
0.040	1671	1
0.041	156306	1
0.042	79850	1
0.043	200000	1
0.044	271803	3

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