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4.35%

11.0¢ heavy minerals limited

Ann: Pre-Paid Royalty Mandate, page-13

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Cookiemycat

593 Posts.

64

04/08/23

22:43

Post #: 69172412
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Originally posted by vagabond84: ↑

No, of course you couldn't buy $2m of shares on market now without pushing up the price significantly. What I mean is you'd put in $2m via an equity raising.

What I'm saying basically, is if you found someone or a group of investors willing to put in $2m via buying a future royalty stream, why wouldn't it make more sense for these investors to ask to put in $2m via a share issue instead?

It seems like a no brainer to push for equity instead of a royalty stream. Shares have: more upside, better liquidity, better tax treatment (e.g. royalty is taxed as income whereas shares can receive CGT discounts and can claim capital losses) ... I just don't see how the royalty stream is a better investment, if you're bullish on HVY shares.

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if this deal goes through, it will boost my confidence in this project.

HVY Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 11.0¢		Change -0.005(4.35%)		Mkt cap ! $7.289M

Open	High	Low	Value	Volume
11.5¢	11.5¢	11.0¢	$8.441K	76.54K

Buyers (Bids)

No.	Vol.	Price($)
4	51208	11.0¢

Sellers (Offers)

Price($)	Vol.	No.
11.5¢	57635	2

View Market Depth

No.	Vol.	Price($)
2	36664	0.110
2	41000	0.105
10	181100	0.100
1	35000	0.091
5	82332	0.090

Price($)	Vol.	No.
0.115	57635	2
0.120	16696	2
0.125	44999	2
0.135	100000	1
0.140	565335	4

Last trade - 15.43pm 29/08/2024 (20 minute delay)

HVY (ASX) Chart