HRZ 2.44% 4.0¢ horizon minerals limited

The issue is that the past few years they had opportunities to...

  1. 8,922 Posts.
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    The issue is that the past few years they had opportunities to develop our gold assays and if they did we would be enjoying production at record aud gold prices and making a fortune. This money would have provided the capital to progress all our other advanced assets and we would have work going on out of our ears and constant newsflow (the share price should be 30-40c imo). Instead JP focused on the vanadium ‘dream’ and organised the RVT deal and got his timely position on their board. Now after screwing up our gold focus, he gets on the HRZ board by the skin of his teeth. People like you should have thought a lot better before voting imo. Imo he doesn’t deserve a second chance with the way he has treated shareholders and held back this company and the share price clearly shows! While many peers in the gold space are absolutely killing it and don’t have anywhere near the asset class of us. I would prefer a young, proactive and motivated board member to come in and fast track this company to where it should be. There is absolutely no problem with this company, our assets in the current positive market conditions are worth multiples of our current market cap. The problem is the board and management team (well a good portion of them). These opportunities do not come up very often, so when there is an opportunity to get rid of the dead wood we have to take it. Unfortunately we couldn’t. It is a strong warning nonetheless so we can only hope it wakes these people up to get bloody moving while the prices are amazing!
    Last edited by coto: 21/11/23
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