HRZ 2.94% 3.5¢ horizon minerals limited

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

  1. 412 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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Last
3.5¢
Change
0.001(2.94%)
Mkt cap ! $39.15M
Open High Low Value Volume
3.3¢ 3.6¢ 3.2¢ $116.6K 3.374M

Buyers (Bids)

No. Vol. Price($)
2 500886 3.5¢
 

Sellers (Offers)

Price($) Vol. No.
3.6¢ 39560 1
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Last trade - 15.59pm 28/06/2024 (20 minute delay) ?
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