Horizonte Minerals Share Discussion Threads

[luckyabbeygale] 20/2/2024 08:45

Over on the lse they are saying Horizontes Major shareholder will support them all the way.

[laptop15] 20/2/2024 08:44

How much cash currently and what's the burn rate?? How long wirh that 20 million last from December??

[koti4] 20/2/2024 08:43

Exactly how was this good news to find hundreds of millions extra at a time when prices are so low for this mineral?

[solo4yous] 20/2/2024 08:40

WowThe news ....Https://twitter.com/zopelyforver/status/1759860458125684817

[babbler] 20/2/2024 08:36

Yeah they just need to raise another 500m odd. All good. Lmao.

[luckyabbeygale] 20/2/2024 08:33

When they was 2.75p there was no live quote. That says it all.

[luckyabbeygale] 20/2/2024 08:31

Don't listen to the shorters. Anyone with common sense can see this will come good.

[nigelpm] 20/2/2024 08:31

Best scenario is the mine gets developed. I'd say after that bombshell it's probably unlikely.

[luckyabbeygale] 20/2/2024 08:31

They saying over on the lse this is good news. Therefore another 500 for me at 3p.

[kirk 6] 20/2/2024 08:30

Hahaha so the best scenario is shareholders get wiped out

[koti4] 20/2/2024 08:29

Shareholders will be wiped out and that is if the project is viable with the poor recent mineral prices

[jodalu] 20/2/2024 08:27

I am happy I got out at loss some time ago but surely this must be criminal behever
How can a competent person get the estimate so wrong

[luckyabbeygale] 20/2/2024 08:26

Wow my timing bad again. Good job I only put in 500 pound at 3.5p.

[stansmith1] 20/2/2024 08:22

strowif nigel, jak and myself are wrong...id hate to be right and down 95% on old money and 50% on new money

[pensionplanner] 20/2/2024 08:18

“the definition of a mine is 'a hole in the ground with a liar standing next to it.'”

AIM and some of the smaller potential mining companies fit the above description quite well. Directors do well out of their shareholders with apparent impunity in the UK, hence London is almost considered a don't touch with a bargepole market.

[kirk 6] 20/2/2024 08:07

Wow that dropped more than I expected

[babbler] 20/2/2024 08:02

3p ... Ouch

[strow] 19/2/2024 21:25

You are wrong again Nigel ?

[kirk 6] 19/2/2024 19:14

Nasty that just after close aswell

[luckyabbeygale] 19/2/2024 18:02

Lucky I pulled out at 9.5p for a 800 pound loss after paying 10.75p. It was just too much after what RENE did to me.

[mcpaulas] 19/2/2024 17:53

This is going to fall tomorrow before open.Funding is going to be near impossible.They always give bad news after close.

[waterloo01] 19/2/2024 17:05

Wow. 87% cost overrun and time added. There will be nowt for current holders given the amount needed.