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Horizonte adapting to the times

Horizonte Minerals (LN:HZM) has been trying to catch the falling knife that is the nickel price for just over two years now, but with its latest prefeasibility study on the Araguaia project in Brazil it appears to finally have grabbed it.

Horizonte adapting to the times Horizonte adapting to the times Horizonte adapting to the times Horizonte adapting to the times Horizonte adapting to the times

Hot property: Horizonte has flexibility built into its plan at Araguaia in Para, Brazil

Having put out a PFS in October that showed the project could breakeven at a US$9,426 per tonne nickel price (on an 8% discounted net present value basis), the company is finally able to look forward