Low number of shares in issue and tiny Mcap with good news this will rise quickly.
Henderson still adding http://www.investegate.co.uk/horizonte-minerals-(hzm)/rns/holding(s)-in-company/201301160950466698V/
Solid company. This should do a Baobab resources and rocket from here. Mcap far to low.
I remember the days when news of a director deal sent the share price soaring!!
That's quite a lot of moneys worth. Very encouraging. Everything must be going to plan, except the share price!
Wish newmont would offer to buy us at 4p again!! Was 200% up now 50% down.
First production only a few weeks away now. Looks like spring has arrived with 20 C tempreatures by the end of week.. This has now turned into one of my most hopeful shares.
Excellent RNS. We are nearly there. Have been here since 0.7p riding the highs and nervous lows. What the management have done here is outstanding and I have total faith that Frontier will become a mid tier producer and the Mcap in the next year or two will be approaching £1billion. Very exciting times ahead.
Including a 3 m. Seriously big money going in here lately. Institutional buying, they know the price is going higher and higher as we approach production.
Yes I got that figure from the recent interview.
Good to see a rerating finally happening now production is so close after holding on the bumpy ride. Uphill from here right up to my target price of 30+p
Only another £700m to go
Once we get to £100 mill Mcap we will be on the radar of different investors. Then things could really hot up.
The fall must be overdone now surely!
When gold companies turn from the development stage into production the sp normaly re rates. We are very close to producing copper so hopefully we should see a re rating here.
so we are still valued at 2c per pound at the bottom of the average of 2c to 8c, so the middle of the average of 4c would give us a sp of over 30p. We are heading for pre feasibility stage so say we are valued at the bottom of that scale of 8c per pound so would give us a sp of 60p+. When we get to bankable feasibility stage we should be valued at 15-25c per pound so sp of £1.20 min. These are bottom of the scale valuations so considerable upside to these, Are we one of the most undervalued shares on aim?
http://www.iii.co.uk/articles/24352/stock-watch-horizonte-minerals
Nice rise of late but still redicilously undervalued. Compared to our peers we should be priced at $0.05 per pound compared to what we are now around $0.02 per pound! 40 p would be a fair price. Once we move into bankable feasibility study we should be valoed at around $0.10 per pound giving a sp of over £1. Re rating going on in my oppinion.
Any ideas what our market cap should be when in full production?
I think the upward trend is starting. This dropped way to much. Looking forward for news in the new year. Our market cap now will look quite silly in a year or two.