HVY

16.7%

10.5¢ heavy minerals limited

Well said.There has been no CR since listing in Sept 2021 and...

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22/06/23

12:10

Post #: 68416417
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Originally posted by winsomelose: ↑

Yes, very normal for companies in particular start ups. I have no doubt that a capital raise, will be beneficial to shareholders. That's how good management operate and in the case of HVY, fortunately we saw the in with the good and out with the bad management.
Capital raises take many forms and to provide some substance for such a broad comment, the importance in a capital raise is how they are done.
Does it create dilution by flippantly issuing cheap stock to the brokers or does it provide for share holder participation via loyalty options etc?
Or does it work on a basis of funding provided for royalties?
Perhaps a finance facility could be on the cards, drawing down on available funds through this facility. The recent news with the letter of support certainly looks as though someone with deep pockets will support the project.
Maybe it will be a combination of all 3, who knows. I'm guessing we will see a combination, including the issue of stock but expect this be minimal and not cheap, I base my comment on good management.

Anyone listen to the HVY segment at the Gold Coast mining forum?
Im expecting it to show up on Twitter at some stage, google it and enjoy.
HVY will have $40M after tax PER YEAR! That means dividends! And they have spoken about dividends a number of times including this segment.
Who cares about a cap raise, you can't build a mine without money!

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Well said.

There has been no CR since listing in Sept 2021 and look at what has been achieved alone on that. Many other small caps have delivered far less and needed multiple CRs to get there.

HVY Price at posting: 11.0¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 10.5¢		Change 0.015(16.7%)		Mkt cap ! $7.039M

Open	High	Low	Value	Volume
9.0¢	10.5¢	9.0¢	$7.03K	75.46K

Buyers (Bids)

No.	Vol.	Price($)
1	1400	10.5¢

Sellers (Offers)

Price($)	Vol.	No.
12.0¢	2800	1

View Market Depth

No.	Vol.	Price($)
1	1400	0.105
1	7939	0.092
1	25000	0.086
1	41366	0.084
1	24691	0.081

Price($)	Vol.	No.
0.120	2800	1
0.135	15000	1
0.140	227272	1
0.160	10000	1
0.180	40125	1

Last trade - 15.57pm 04/10/2024 (20 minute delay)

HVY (ASX) Chart

Well said.There has been no CR since listing in Sept 2021 and...

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

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Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

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BCI reaches close of funding facility for salt-first part of Mardie project

Buxton projects new graphite province discovery at WA Narryer play

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

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Well said.There has been no CR since listing in Sept 2021 and...

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White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

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Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

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Buxton projects new graphite province discovery at WA Narryer play

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

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Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

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Buyers (Bids)

Sellers (Offers)

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