HXG
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12.0% 2.2¢ hexagon energy materials limited

Ann: Capital Raising Update , page-16

  1. Mahony
    2,462 Posts.
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    03/03/14
    12:57
    Post #: 13074626
    if I am correct LMB now has around 140m shares on issue ?
    I include the rights and escrow

    At 40c that values the company around $55m , so my question is given the early stage of its development what are you all comparing with to suggest that the value can increase from here ?

    I make reference to other companies that have off take, JORC resources etc.

    thanks

    HXG Price at posting: 38.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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