No surprises that they like it. The royalty cost Freepoint A$5.9m in cash paid to HGO in August 2022. Freepoint just got paid CAD$11.7m for that initial outlay of A$5.9m.
Allowing for exchange rates that CAD$11.7m is about A$13.1m.
The increase in value is due to confidence that the royalty will be fully paid and then some and due to confirmation of higher than expected net smelter returns.
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 (20min delay)
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Last
3.9¢ |
Change
-0.002(4.88%) |
Mkt cap ! $101.8M | |||
| Open | High | Low | Value | Volume |
| 4.0¢ | 4.0¢ | 3.8¢ | $119.7K | 3.064M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 3294143 | 3.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.9¢ | 1096239 | 1 |
View Market Depth
| Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
| HGO (ASX) Chart |