Ann: New short-term Offtake Agreement for initial ramp-up volumes, page-177

@DaisyA Tagger on lunch break.


I'll have wot he's havin.

And thank you @rednoff for asking.


"...a constantly suppressed price will still make any offer more palatable to all current shareholders;..."

A very important point that may not be all that salient, even for the faithful.

There will be HEAPS of holders (some here, but most who've never even heard of HC), that will say to a low ball TO; "you know what, I'm sick of this and I'll be happy with $2.50.", and be gone.

It's what the shorters are banking/hoping on - that there will be MANY that just don't have a clue or patience and they'll be able to recover making a profit. I'm just not confident that there will be the numbers they need to cover.

Pinched from @gememde



Say 2.4 billion x 11.10% = 266,400,000 million shares to recover.

A little side exercise here; I divided the shares shorted by say an arbitrary holding figure of 100,000 shares per holder and it would take 2664 holders of that number to cave in to the shorters.

Not happening.