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Horizonte Minerals Takeover Rumours (HZM)

Horizonte Minerals Chart

Horizonte Minerals Takeover Price

Horizonte Minerals Takeover Forum Posts

06-10-2023
Trolls going underground 😂 Takeover rumors and the BOSS man is in Brazil sorting out the finance….. load up folks
Rumours of a takeover let's go!!
Ask yourself why anyone would launch a takeover of the equity when there's a 200m plus hole to be paid for first.
Why is it rising ??? Rumours of takeover doing the rounds
04-10-2023
Glencore Takeover I.M.O
strow 4 Oct '23 - 15:48 - 13288 of 13288 0 0 0 What protection do we have from a hostile takeover ? --- if that happens and you get say double the share price - take it and run! really not worth the hastle
What protection do we have from a hostile takeover ?
Glencore Takeover I.M.O.
tomboyb Could one of the big shareholders OR global miners now launch a takeover at say 50p a share. Not as ridiculous as it sounds. It's not that much extra money on top of the extra funding requirements and in exchange they get 100% of the assets effectively bought cheaply from other shareholders including the Capex already spent. Same logic therefore it would be interesting if two or three bidders emerged.
what is interesting is people dont think company is worth more than 20p with the amount of cashflow they will be throwing out easy takeover you would imagine
So thought. Could one of the big shareholders OR global miners now launch a takeover at say 50p a share. Not as ridiculous as it sounds. It's not that much extra money on top of the extra funding requirements and in exchange they get 100% of the assets effectively bought cheaply from other shareholders including the Capex already spent. Same logic therefore it would be interesting if two or three bidders emerged.
Even if the RNS says "the company has no option but to accept a takeover of HZM and all its debts at 10p per share"blah, blah, blah...
02-10-2023
The markets are fairly histrionic in these circumstances.It’s like kicking a hornets nest.Yet shareholding institutions will be sitting on their hands awaiting further detail.This isn’t the end of the world,a simple cost overrun in an inflationary environment and an underestimate of cap ex.shouldn’t prove terminal.Furthermore without La Mancha approval any takeover is unlikely to succeed.
This is a bit of a disaster.Suddenly,we have a six month delay to production and a 35% cost overrun.The company must be very vulnerable to an opportunistic takeover at a knockdown price.