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Wasa, as long as Teck agrees to buy $C125m then that should keep the banks happy?
it can be Teck, once construction starts the share price will be higher, they might not raise this money for 18-20 months at which point the share price could be 30p?
It's never made a profit, that's all you need to know.
Rmm hasn't made a profit, H1 revenue of $13m and made a $2m loss.
The banks will keep it running until they've got their money back. I'd give it a wide berth.
No mention of the $346m raised from the banks?
https://youtu.be/ZKtH0z6uK_0
"I would own one good stock"
It's not a narrow minded statement, people who have done their research are willing to risk more money, but they don't see it as a risk because they have done their research. I can't afford to lose 2m shares but I see this as an opportunity of a lifetime.
It does matter, because if you've got 100,000 shares it's not the end of the world if you lose it all. If you've got 2m shares then that's different. So you have less than 100,000 shares by the sound of it.
Yeah hzm is 1% of his portfolio but he spends more time on the hzm bb than the rest of his shares.
I didn't ask what car you use to drive, I asked how many shares do you own in hzm?
Contrarian
How many hzm shares do you own?
Contrarian
You can view all the BOD share purchases under director deals.
If you trade on news that's your strategy/decision, but most on here see the investment opportunities.
Contrarian
If you are not impressed or unhappy with the time scale sell your shares and buy something else. It's that simple.
RNS Number : 7863F
Horizonte Minerals PLC
31 October 2018
31 October 2018
APPOINTMENT OF ENDEAVOUR FINANCIAL AS PROJECT FINANCE ADVISOR
How many deals have you completed for $346m Contrarian?
Contrarian
Ever body knows they are years behind, they said financing would take 3 months in one presentation it's been about 3 years so far. They even said production would start in 2019 previously. The fact the banks have agreed to $346m says it's going to happen.
Ask them to update the Significant shareholders list? I've not had a reply.
What are your calculations for profit hzm will make based on 29,000t at $20,000 per year?
Vermelho doesn't matter at all.
29,000t from A1 and A2 at $20k is $350m profit a year.
There was 47m on the Significant shareholders on horizonte website before the last update.