HRZ 0.00% 3.9¢ horizon minerals limited

Had a lengthy conversation with Jon yesterday. A few take away...

  1. 414 Posts.
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    Had a lengthy conversation with Jon yesterday. A few take away points:

    - Last 2 trading days had lots of sell off from a particular holder. Sell off is done (circa of 5 mil shares). The individual sell off was taking place across a few companies concurrently from my understanding.
    - Lots of delays with lab processing right now. Turn around time can be up to 10 weeks which is insane!
    - Knowing what he knows about the company, he would have purchased on market but he cant because of obvious legal reasons
    - Some news coming up next week or week after about resource/reserve update? ( i believe it is for Crake and Coote)
    - They will look to finalise financing next quarter
    - Will look into cap raise in the mid 20's to finance the new mill
    - Considering to do toll milling for the Cannon project to get some more free cash flow
    - They are doing quite a bit of PR presentations to get the word out
    - He is super excited and confident about the company's future

    Good luck to all holders.
 
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3.9¢
Change
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Mkt cap ! $43.62M
Open High Low Value Volume
4.1¢ 4.1¢ 3.8¢ $59.08K 1.526M

Buyers (Bids)

No. Vol. Price($)
1 10915 3.8¢
 

Sellers (Offers)

Price($) Vol. No.
4.0¢ 433858 2
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Last trade - 16.10pm 31/07/2024 (20 minute delay) ?
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