RE: Baron suggesting a takeover target ahead29 Mar 2026 10:36
Remember Horizonte Minerals, the nickel mine in Brazil?
I do, I left with a healthy profit after they received funding of $537 million to build the mine. Sadly after that the complex design build was not perfect, costs to build doubled and investors lost their money.
$109 million to build the mine here versus the profits is chicken feed, it is still chicken feed if the cost doubles or more.
Needless to say I won’t be selling on finance here.