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
22.0¢ |
Change
-0.010(4.35%) |
Mkt cap ! $38.80M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.0¢ | 22.0¢ | $222.2K | 994.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 105799 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 79532 | 1 |
View Market Depth
| Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
22.0¢ |
Change
-0.010 ( 6.34 %) |
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| Open | High | Low | Volume | ||
| 23.0¢ | 23.0¢ | 22.0¢ | 156889 | ||
| Last updated 15.56pm 31/05/2024 ? | |||||
| HAS (ASX) Chart |