Precisely. If these guys are worrying about CYM raising a mere $10m to $25m... They're in for a shock when HCH has to capital raise twenty fold that figure.
I prefer CYM's approach - go into production for 25,000ktpa in 12 months time. And over the next 5 years bring on additional mines and increase capacity to 100-120,000ktpa, funding expansion through existing cash flow. This is the same sort of time frame HCH is expecting to produce 100ktpa; comparably however, it minimises share holder dilution.
Furthermore, considering the total finance package for CYM is $240-260m; a 5% to 10% capital raise component isn't much to worry about.
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Last
5.0¢ |
Change
0.001(2.04%) |
Mkt cap ! $76.23M |
Open | High | Low | Value | Volume |
4.9¢ | 5.0¢ | 4.8¢ | $26.99K | 547.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 500000 | 4.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.2¢ | 360598 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 500000 | 0.049 |
5 | 998878 | 0.048 |
4 | 412765 | 0.047 |
3 | 280000 | 0.046 |
4 | 178279 | 0.045 |
Price($) | Vol. | No. |
---|---|---|
0.052 | 360598 | 3 |
0.053 | 1096576 | 2 |
0.054 | 700000 | 2 |
0.055 | 400000 | 1 |
0.056 | 573635 | 4 |
Last trade - 10.36am 05/07/2024 (20 minute delay) ? |
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