Thanks ST - great strategising and analysis. Your view makes sense to me - it's supported by what they haven't continued to do (mine) and what they've done (merged with someone who owns a rusty but fixable plant?). Solid fundamental move given the environment (i.e. toll treatment price hike and challenges). But it doesn't at all make up for the EGS f-up and the Vanadium no-show. Tough gig this Gold business lol
DF
Horizon Minerals Limited, page-6
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