Horizonte Minerals Share Discussion Threads

[kirk 6] 15/4/2024 09:36

Who is buying this now ?

[tomboyb] 15/4/2024 09:08

game over -

[ny boy] 15/4/2024 08:20

All too predictable, another trap door, after more mugs bought recently thinking they would make a tidy sum 🤦🏻‍♀️🆘🤡🚨

who is stansmith? ffs 🤡

[terminator101] 15/4/2024 08:16

Bring more gerbils.

[goforgold1] 15/4/2024 08:10

Told you banks taking the assets just another AIM scam.

[benny shares] 15/4/2024 08:06

Recoup it all and more with Baron Oil

[sleveen] 15/4/2024 08:05

Can't be far off AIM suspension/administration.

[amt] 15/4/2024 08:02

Actually I managed to sell for a halfpenny which seems bizarre

[amt] 15/4/2024 08:00

Gone, worthless.

[sleveen] 15/4/2024 07:56

How could the development costs be so massively under estimated?

[amaretto1] 15/4/2024 07:56

Looks like it's allowing shorts to exit !

[stansmith1] 15/4/2024 07:55

Been a while since we had a driveby from Wooster. Maybe he will congratulate me for being correct?I mean now that its obvious...

[mirabeau] 15/4/2024 07:48

This will go the way as Timan and Sirius. The asset will be nicked by the main players with deep pockets

[waterloo01] 15/4/2024 07:43

The nail was already in the coffin. Just confirmed.

[goforgold1] 15/4/2024 07:42

Another scam mining company.

[stocktrend2] 03/4/2024 17:22

#Lvcg
- Mostly debt free
- Cashed up for at least 12 months
- Bricklive and reduced op
- Debt converted at 3p .
David buys at 6p (£250k)
Issued £1.7M Convertible loan at 3 p
2 cornerstone
2 signed 1 to sign this week
400m shares.
Interview below

youtube.com
LIVE COMPANY GROUP PLC - Investor Presentation

[excellance] 02/4/2024 09:28

Stay of execution while senior debt holder allows stakeholders reasonable time to make an offer that makes them more money.

[goforgold1] 02/4/2024 08:41

READ THIS PART BANK TAKING THIS 100% . This is finished for shareholders. Gojng get nothing wow . Fraud at the highest level. .Going forwards and as announced on 28th March 2024, there can be no guarantee that senior lenders will consent to further extend the current waivers. If no extension is agreed, deferred interest originally payable at the end of December 2023 and at the end of Q1 2024 will become immediately due and payable on 1st May 2024. If these amounts remain unpaid after becoming due and payable, the senior lenders will be entitled to: (a) immediately cancel the undrawn portion of the senior debt facility; (b) declare all outstanding senior debt amounts (including interest) immediately due and payable; and/or (c) seek to enforce the senior lenders' security, which encompasses all or essentially all of the group's assets.

[shinnas] 02/4/2024 07:27

This will survive...they dont want admin

[koti4] 02/4/2024 07:25

RNS Number : 8999I
Horizonte Minerals PLC
02 April 2024

NEWS RELEASE

2 April 2024



HORIZONTE CORPORATE UPDATE


Horizonte Minerals Plc (AIM/TSX: HZM) ("Horizonte" or the "Company") announces that as part of the interim funding package as announced on 27th December 2023, pursuant to which the existing senior lenders had agreed to waivers including the deferral of interest originally due at 31st December 2023 to the end of February 2024 and subsequently extended to 29th March 2024, as announced on 1st March 2024, such senior lenders have now agreed to further extend the waivers until 30th April 2024.



Going forwards and as announced on 28th March 2024, there can be no guarantee that senior lenders will consent to further extend the current waivers. If no extension is agreed, deferred interest originally payable at the end of December 2023 and at the end of Q1 2024 will become immediately due and payable on 1st May 2024. If these amounts remain unpaid after becoming due and payable, the senior lenders will be entitled to: (a) immediately cancel the undrawn portion of the senior debt facility; (b) declare all outstanding senior debt amounts (including interest) immediately due and payable; and/or (c) seek to enforce the senior lenders' security, which encompasses all or essentially all of the group's assets.



As announced on 14 March 2024, Araguaia Níquel Metais Ltda ("ANML"), the Company's Brazilian subsidiary, has been granted an injunction (Brazilian Precautionary Measure) giving it a 60-day stay period against the enforcement of debt and certain security held by senior lenders and creditors, in order to negotiate and work on a restructuring plan to be approved by its creditors.



As a guarantor of ANML's debt under the senior loan facilities, if claims are made in relation to the guarantee given by the Company, the Company may also need to consider applying for protective measures that may be available to it, or alternatively appoint administrators for the Company in the UK.

[impossible123] 01/4/2024 18:03

'JakNife', thanks for the info. I've been in this game for over 3 decades with a break of maybe 4 years, but never shorted a stock.

This was my 2nd bite into HZM (another then was BEM and BAO), but deemed extremely lucky to get out within 10 mins of market opening at 76p average; tried to unload 12.5k stocks but market size restriction meant could only sell in 3 blocks thus averaging 76p.

I hope most still holding could recoup some losses when HZM is refinanced, and relisted at some stage with retail investors given a chance to partake (again). But, I'll not be amongst them.

Good luck everyone still holding!

[stansmith1] 30/3/2024 16:38

depends when to took your short out, quite a lot left if it was at 4p