re: why am i paying for something i already owned Helix floating of its palladium resource into another company is a convoluted way to raise more money.
CRS did it with NKL when they floated of their nickel exploration.
So in reality, HLX is having a rights issue or share purchase plan.
You pay for your palladium resources which you already own, and the money goes to HLX which you will still own.
It may be a worth while exercise --- time will tell.
In the case of CRS and NKL – the shareholders didn’t get any advantage unless they sold soon after listing.
platina float? who's interested?, page-4
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