ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

HZM Horizonte Minerals Plc

0.325
0.00 (0.00%)
24 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Horizonte Minerals Plc LSE:HZM London Ordinary Share GB00BMXLQJ47 ORD 20P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.325 - 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores 0 -5.32M -0.0197 -0.16 863.29k
Horizonte Minerals Plc is listed in the Gold Ores sector of the London Stock Exchange with ticker HZM. The last closing price for Horizonte Minerals was 0.33p. Over the last year, Horizonte Minerals shares have traded in a share price range of 0.25p to 172.00p.

Horizonte Minerals currently has 269,778,906 shares in issue. The market capitalisation of Horizonte Minerals is £863,292 . Horizonte Minerals has a price to earnings ratio (PE ratio) of -0.16.

Horizonte Minerals Share Discussion Threads

Showing 24826 to 24849 of 25050 messages
Chat Pages: 1002  1001  1000  999  998  997  996  995  994  993  992  991  Older
DateSubjectAuthorDiscuss
21/2/2024
08:27
Sorry can’t read it it’s behind the paywall
rover62
21/2/2024
07:49
Still $ 1B + for A1,2 and 3 at 16.5 k nickel price after this capex overrun is taken into account And then there is Vermelho in the wings
strow
21/2/2024
06:48
I forget what the NPV of this is. Any ideas ? If the Nickel in the ground runs into multi billions of USD then surely some large miming company will snap it up.
I think it was a couple of billion if all mines included.
So maybe a large miner would pay 100m for it

amt
21/2/2024
00:44
strow just posted this on lse…
——-
The problem is even more trust has now been lost in anything that the previous board did.
——-

always been a defender of the previous board and still doesnt get it, assumes because there is nickel in the ground all investors will be treated reasonably, to his credit he has posted he is holding currently….

going down with the ship then

stansmith1
20/2/2024
22:10
Last para , it’s not looking good.
the stinger
20/2/2024
21:39
Half a billion is nothing look at that open AI guy saying he needs 7 trillion to further AI.All HZM need to do is change there name to Horizonte minerals AI and they will raise double the amount needed folllwing a scam listing on the Nasdaq and some Pelosi calls
kirk 6
20/2/2024
18:02
They can't do that and would only be diluting themselves, and a lot more than our percentage. Remember they are currently shareholders. Asset value is massive and cut out the noi satin it's worthless, just rubbish talk, You always get some in and you'll get ones who are out. 3.5p is a steal no doubt about it and it's offering it you on a plate. I have my bit of the pie , take yours. Atb
deltalo
20/2/2024
17:52
HZM need half a billion dollars.
A loan is out of the question, so our partners will print themselves some cheap shares to squeeze us little people out.
I expect they'll issue billions of shares for 0.50p each to fund this, and take the lions share of equity.

excellance
20/2/2024
17:26
It's not going lower, nice to see some of our HE-1 friends taking interest, I made £40 grand thanks to Neil777 bringing it to my attention at 0.028. Now I bought some in here 500k at average of 3.25p, Alb
deltalo
20/2/2024
16:24
I believe Nickel prices have bottomed out and will move up soon. It's levelled and ready.
deltalo
20/2/2024
16:19
Capex costs up 87%
The company are over a barrel.
I'm not buying this even at 3p because costs are still rising and nickel prices are falling.

excellance
20/2/2024
15:23
It'will be good up from this level. Big trades going in, tomorrow it will be well up. Very very oversold imo.
deltalo
20/2/2024
15:16
well it can only fall to zero i suppose, had a good go at it today.....
stansmith1
20/2/2024
14:19
A hell of a upside possible from this level, A lot of cash going back in here.
deltalo
20/2/2024
14:07
This is going to rocket now everyone has sold who wants to just the hard core left waiting for 2000% upside
kirk 6
20/2/2024
13:04
yes, when you flip from one extreme to the other in short spaces of time for no apparent reason and try to encourage others to follow you out of fear or greed
stansmith1
20/2/2024
12:48
You have to wonder whether these companies are set up knowing they will fail, leaving big pockets to snap up shareholder assets for a song after a lot of the admin/licensing and assessment of a project has been paid for by shareholders.

It will be developed....the question is will there be anything for shareholders other than a major company who ends up with the asset.

It does seem sometimes these things are by design with Directors having well paid jobs, pensions etc. but with the end game always going to be elsewhere.

pensionplanner
20/2/2024
12:33
Is it really strange if my opinions posted on a bulletin board match my buying or selling?
excellance
20/2/2024
12:21
They are suspending until they sort out the finance Be careful
firestarter1
20/2/2024
12:11
Suspect it will run down to under 1p before suspension
lewis winthorpe
20/2/2024
12:00
Jakn, agree. Just watching for now!!
halfpenny
20/2/2024
11:46
Not even a bounce play possible.
lw425
20/2/2024
11:46
The equity is worthless. Completely worthless.
lw425
20/2/2024
11:44
steeplejack,

"its a choice between incompetence or deceit."

I'm a little more forgiving as there is a genuine third option - inflation has gone ballistic over the last couple of years and seemingly wasn't properly baked into the originally estimates.

Back in October, when HZM first announced that there was going to be a cost overrun, they did use the phrase "an expected increase in the overall Project capital requirement by at least 35%" [my bold].

see:

To the extent that there was any dissembling then it was in those two highlighted words.

But even back in October, armed with that RNS, there were still plenty of shareholders who refused to accept that the cost overrun was going to be 35% of the original budget (arguing it was 35% of the remaining budget). Shareholders were too slow to take on board the new information, accept the meaning of that information and accept the natural consequences of that information.

The natural conclusion now is that the probability of HZM being a zero is easily in excess of 90%. At best the existing debt providers need to write down a significant chunk of their debt and a hugely dilutive equity raise is needed. I can't see any reason why retail shareholders would need to be involved in that process. At worst it makes no sense to proceed with the project at the current cost and it should be mothballed.

There is no good outcome for current retail shareholders even at this price.

JakNife

jaknife
Chat Pages: 1002  1001  1000  999  998  997  996  995  994  993  992  991  Older

Your Recent History

Delayed Upgrade Clock