I see nothing wrong with the GR Engineering contract being awarded. This company knows the Black Swan Mill better than anyone else and that is a huge advantage. What I do have a problem with is the long period allowed just to come to a PFS/costing of the required refurbishment work. The timeline should have been a few months less IMO. I am still hoping the 9-month deadline is just to give a fallback period in case of any unforeseen circumstances and that the results will arrive ahead of schedule. That would be a wise thing to do because I am tired of managements on the ASX not giving themselves enough time, and the date blowing out and they end up looking incompetent. For example, I hold many stocks where managements say 4-6 weeks for assay results which end up being 8-10 weeks. I understand it is out of their control and dependent on the operations at the labs, but it is way better to say 8-10 weeks to begin with and then if it ends up being 6 weeks they look a lot better and more trustworthy with how they deliver from a timing perspective.
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horizon minerals limited
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Last
4.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $132.8M |
Open | High | Low | Value | Volume |
4.8¢ | 4.8¢ | 4.6¢ | $32.94K | 694.2K |
Buyers (Bids)
No. | Vol. | Price($) |
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8 | 357559 | 4.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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4.7¢ | 121987 | 4 |
View Market Depth
No. | Vol. | Price($) |
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8 | 357559 | 0.046 |
25 | 2066846 | 0.045 |
14 | 3294392 | 0.044 |
9 | 1358043 | 0.043 |
8 | 1348842 | 0.042 |
Price($) | Vol. | No. |
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0.047 | 121987 | 4 |
0.048 | 1259897 | 6 |
0.049 | 1015304 | 7 |
0.050 | 2261820 | 12 |
0.051 | 258805 | 3 |
Last trade - 10.37am 30/07/2025 (20 minute delay) ? |
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