IRC 8.00% 13.5¢ intermin resources limited

The Future

  1. 5,584 Posts.
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    I think JP and team(including  MRP) have a plan and are currently implementing it.

    "The proposed merger provides Horizon Minerals with a clear pathway to a standalone gold operation."

    "The “transformational” merger, subject to shareholder and court approval, will see the new entity kickstart its life with a combined estimated mineral resource of 1.15 million ounces of gold, comprised of large-scale baseload feed and higher-grade satellite open cut sources over 1100 square kilometres of the Kalgoorlie-Boulder district."

    "A clear pathway", a bit slow atm but imo that is because the ground work is being put in place to transform the new Horizon Minerals into a profitable mid-tier producer. I'm thinking there is 100% chance plans for a mill are happening. Neither companies have the resources alone to justify a large scale development but combined they do. Combine that with proven skills to deliver as shown with Teal I'm thinking the next 12 month could potentially be quite exciting.

    Last edited by HotRods65: 24/01/19
 
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