According to the respective 31 December '18 Appendices 5B for IRC and MRP the
"combined cash resources" on hand at birth of Horizon(30/6/19) will likely be :
IRC-~$4.9m
MRP-zero ie depleted.
Given the professed expanded project proposed , the question on s/holders lips should be-
Is this sufficient ?
Will a capital raising/placement be required ?
Horizon Minerals Limited
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