"Is what you are proposing an EGM that is likely to result in one of two options for HAV"
Just thinking out loud, I'm too small a holder to be proposing anything, but, yeah, that sounds like a reasonable compromise (if it's possible)
A reasonable prior step to all of that, though, would be for management to go back to GFG and say the deal, as it stands, does not adequately protect shareholders interests with regards to sharing in the upside as the project is progressed & de-risked.
It relies too much on the benevolence of GFG. And as we all know, not much benevolence when it comes to money.
Ann: Havilah Secures Funding of up to $100M from GFG Alliance, page-126
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Last
17.0¢ |
Change
-0.010(5.56%) |
Mkt cap ! $53.82M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.0¢ | 16.5¢ | $65.55K | 388.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 186665 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 50000 | 1 |
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