Could HRZ management do likewise?

I'm posting this extract for any opinions on whether HRZ can follow suit. The phrase which grabbed my attention? 'Non-dilutive' capital raising;

Our micro cap Investment Heavy Minerals (ASX: HVY) is up ~500% from its low point over the last 12 months…

And looks like it wants to keep going.

HVY has gone from a share price low of less than 5.5c to now trade at ~24.5c per share.

(our Initial Entry price is 10c)

AND HVY is still only capped at $16M.

We think the HVY share price is now reaping the rewards of management putting in the hard yards last year by raising ~$2M via a non-dilutive royalty sale agreement.

(Instead of the usual “quick cash injection band-aid” of a heavily discounted equity raise with free oppies that weigh on share prices for months, like most small resources companies do) [my bolding]

And the HVY share price run is indicating that the market now believes that HVY can further progress their project using this non-dilutive funding method.

db