I do wonder why this presentation was not ann on ASX. I may have missed it if it has been but i do not believe so.
Key facts
1. Western power upgrade to BS completed. This was not ann by POS and was key reason in early 2023 why plant and any offtake ni agreement was delayed. We thenhad ni price collapse and mothballing which lead to the merger. Extremely price sensitive imo.
2. 1200 oz already produced from Boorara or 38kg. Revenue already received. No ann to ASX at all on this by HRZ. Again price sensitive not ann. BUT up to $5.5m revenue
3. BS mill upgrade is 2 circuits, and existing circuit can handle Ag as well as Ni and Zn. Great news for the Silver deposit to process earlier.
4. Surprises no mention of second mill at Lake Johnston. I would have thought a key strategic asset.
So great update, just need more timely comms which are essential for any mining juniors.
HRZ Price at posting:
6.1¢ Sentiment: Buy Disclosure: Held
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(20min delay)