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Horizonte Minerals raises £147.4m in placing with 'right people, right project and right support'

Horizonte Minerals raises £147.4m in placing with 'right people, right project and right support'

Mining Capital's Alastair Ford presents his analysis on Horizonte Minerals PLC (AIM:HZM, TSX:HZM, OTC:HZMMF)

The firm has just raised about £147.4mln through a placing that is part of a transformational finance package to fully fund its Araguaia nickel project in Brazil.

He says all is going in the right direction for the firm, especially with Nickel at a five year high, with the 'right people, right project and right support'.