Can we pay of the convertible notes? If so that would be ideal, my understanding is that’s not an option though.
Only 4 quarters and they will be gone anyway.
I have a good feeling re. Cornerstone coming on shortly, hopefully the price is at a premium but not holding my breath.
$40 mil @ 4c…. Is 1 billion more SOI but I would take it in a heart beat for the right partner (FMG/Glencore etc)
If it’s just to a random cornerstone insto then $20 mil would be enough for now… I doubt we would get a premium in that case thou would likely be around 600 mil shares.
In either instance we would be at 100% ownership…. But option 1 we would be fully funded to PFS completion and at 4c would still have a MC of around $184mil fully diluted… maybe I am dreaming.
HCH 2021, page-128
Add HCH (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
90.5¢ |
Change
-0.040(4.23%) |
Mkt cap ! $136.9M | |||
| Open | High | Low | Value | Volume |
| 95.0¢ | 95.5¢ | 88.8¢ | $697.9K | 763.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4776 | 90.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 91.0¢ | 9540 | 1 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
|
|||||
|
Last
89.5¢ |
Change
-0.040 ( 5.81 %) |
||||
| Open | High | Low | Volume | ||
| 95.0¢ | 95.5¢ | 89.0¢ | 94597 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| HCH (ASX) Chart |