My thoughts exactly.
If the end game was a take over/acquisition then why invest $150M into Neo in a separate investment vehicle? It doesn't make sense.
There's still 14 months + until the options/loan is due, HAS will cover alot of ground/progress in the next 6 - 9 months independent of Neo.
Neo investment is a massive strategic play into EU rare earths independence and decoupling from China. It will put HAS at the front of the line from an ESG and politics/sovereign security perspective when China restricts REs.
One of the largest RE projects, in a tier 1 jurisdiction with a history of EU investment/business dealings. And to top it all off supported by the Australian Government (Critical Minerals/Major Projects Listing) on both parts of the projects.
My thoughts exactly.If the end game was a take over/acquisition...
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Last
29.0¢ |
Change
0.010(3.57%) |
Mkt cap ! $51.14M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 29.0¢ | 27.0¢ | $358.6K | 1.287M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 68967 | 3 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
29.0¢ |
Change
0.010 ( 3.76 %) |
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| Open | High | Low | Volume | ||
| 28.0¢ | 29.0¢ | 27.5¢ | 206942 | ||
| Last updated 15.59pm 17/05/2024 ? | |||||
| HAS (ASX) Chart |