My understanding is that there will be $50k plus 1M options (returning $250k to HVY if converted) paid to fosters to find investors willing to invest $2M cash for a royalty.
There is dilution if the options are converted. around 2.2% dilution on current soi.
That royalty would likely be in the form of a percentage of sales. The terms are not provided yet but let's assume the $2M attracts 1% royalty for PG's life of mine and sales are $40M p/a for 16 years.
0.01 x $40M = $400k p/a. I have no doubt Fosters have investors lining up for this deal.
Again, the terms are not visible yet so I am speculating the figures.
- Forums
- ASX - By Stock
- HVY
- Ann: Pre-Paid Royalty Mandate
Ann: Pre-Paid Royalty Mandate, page-9
-
-
- There are more pages in this discussion • 32 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HVY (ASX) to my watchlist
(20min delay)
|
|||||
Last
8.0¢ |
Change
0.002(2.56%) |
Mkt cap ! $5.037M |
Open | High | Low | Value | Volume |
8.0¢ | 8.0¢ | 8.0¢ | $2K | 25K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 12658 | 7.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.0¢ | 12999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 12658 | 0.079 |
1 | 19397 | 0.078 |
1 | 100000 | 0.077 |
3 | 100000 | 0.075 |
1 | 20000 | 0.074 |
Price($) | Vol. | No. |
---|---|---|
0.080 | 12999 | 1 |
0.115 | 18000 | 1 |
0.120 | 27744 | 1 |
0.125 | 17707 | 1 |
0.140 | 40125 | 1 |
Last trade - 15.04pm 26/07/2024 (20 minute delay) ? |
Featured News
HVY (ASX) Chart |