HIO 3.85% 2.7¢ hawsons iron ltd

Ann: Hawsons secures A$ 200m equity funding package, page-37

  1. 820 Posts.
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    This is one monster financing package with very flexible terms that benefit the company as the share price rises. (ie. capital call shares are sensitive to the VWAP of the trailing 30 days).

    Likely no risk of short-term financing anymore extending to the point until off-takes are established. Very exciting.

    GL all
 
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