Horizonte Minerals Share Discussion Threads

[haydock] 12/7/2016 11:45

The chart on the Bloomberg update is telling another longer term story to the GS call.
It's a bowl and very clear that the metal will return to the previous highs, someday.

[bittorrent] 12/7/2016 09:11

Me too, can't get a quote over 100k on HL.

[wooster4] 12/7/2016 09:03

Not being quoted for anything more than 100K now through TD. Hopefully, a move up coming.

[jailbird] 12/7/2016 08:33

Another 250k for someone !

[strow] 12/7/2016 08:12

because the pfs will have been announced by then divmad

[goldendigger] 12/7/2016 08:10

Hopefully the share price by then will be 5p + anyway.

[divmad] 12/7/2016 08:01

The last placing was done at a 33% discount to the lowest ever actual share price

[divmad] 12/7/2016 08:00

With the share price currently at 2p, why would placees go for 2p? Doesn't make sense.

[strow] 12/7/2016 07:26

I am assuming equity of $5m at 2p per share

[strow] 12/7/2016 07:16

Yes-in several-was $8m then morphed into 10
Think the idea though is to limit any dilution with possible offtake/royalty
Agreement

[twigs3] 11/7/2016 18:33

Hi strow, where did you get $10m from? Was it in a presentation at some point? That would be a lot of dilution !

[strow] 11/7/2016 18:09

looks like $10m

[twigs3] 11/7/2016 15:39

Jailbird, yes there would be money to run until end of 2017 but only to keep the company ticking over, if we are going for BFS in 2016-17 then money would be needed and a lof of it, does anyone know how much a BFS would cost?

[divmad] 11/7/2016 15:17

I think you are being sensible there, Twigs3.

[twigs3] 11/7/2016 14:41

I think in Feb they had about 2.4 mil,cash burn 100k pm without any extras like PFS to pay for, so would the release of PFS be a good time to raise more money for BFS? Time will tell.

[jailbird] 11/7/2016 14:33

We go back to this placing theory...either we believe JM in stating there is money until end of 2017 or we don't.

[twigs3] 11/7/2016 14:08

Maybe a placing coming and they know?

[jailbird] 11/7/2016 13:16

probably a seller before the PFS.

Once that stock is cleared MM will move it up.

I have noticed this before in other stocks, that large holders..(in their millions that is), offload a few before news is due.

[divmad] 11/7/2016 12:51

Depends how many of the ultra cheap 1p placing stock gets freed up here for a nice round 100% gain.

[goldendigger] 11/7/2016 12:45

It is a bit strange that the price isn't moving with these buys flowing in.

[haydock] 11/7/2016 12:27

Solid buying again in nice round numbers all morning.
Nickel price has favourable comments on CNBC this a.m.

Note the $10000 range is nearby.

[twigs3] 11/7/2016 10:57

Over 1.5 mil buys over the last few days and still the same price?

[jailbird] 09/7/2016 11:15

This news should be the catalyst to possibly nice prices higher over the next 12 months Let's see if the Minster continues in this path

[twigs3] 08/7/2016 11:10

Only one week into audit of mining companies and now four mines shut.
hxxp://www.miningglobal.com/operations/1963/Lopez-lays-down-the-law-as-four-Philippine-mining-companies-shut-down