FoggyIsle.XYZ | Market's view on Horizonte Minerals

HZM faced setbacks due to unforeseen global events, notably COVID and the Ukraine War, which escalated costs significantly. The impact of the Ukraine situation was particularly severe, rendering challenges insurmountable for a revenue-less minor miner like HZM.
Criticism was directed towards HZM’s management for lack of transparency and poor financial planning, suggesting that more robust contingency strategies should have been in place.
There are speculations about a potential partnership with Glenmore, though the credibility of this information is questioned.
Questions are raised about who is purchasing the stock amidst widespread selling, hinting at possible speculative buying or short-term trading strategies.
Concerns are voiced about the future financial sustainability of HZM, with predictions of eventual financial exhaustion and possible acquisition by Chinese interests due to dependency issues.
The prospect of the American market showing interest in HZM for speculative buying, with expectations of both long and short positions being taken.
It is suggested that HZM’s ongoing operations might not benefit current investors significantly, with expectations of major losses despite substantial investments.
There’s a possibility discussed that the project could be revived by major stakeholders or through government intervention, specifically from the Brazilian government, to benefit local communities.
Risks of losing licenses and crucial contracts in the event of HZM going into administration are highlighted, with a scenario where shareholders might settle for minimal returns while creditors and suppliers bear financial cuts.
Overall sentiment among stock watchers indicates a lack of confidence in HZM’s current management and financial health, with a general consensus pointing towards a bleak outlook for retail investors.