My understanding is that there will be $50k plus 1M options (returning $250k to HVY if converted) paid to fosters to find investors willing to invest $2M cash for a royalty.
There is dilution if the options are converted. around 2.2% dilution on current soi.
That royalty would likely be in the form of a percentage of sales. The terms are not provided yet but let's assume the $2M attracts 1% royalty for PG's life of mine and sales are $40M p/a for 16 years.
0.01 x $40M = $400k p/a. I have no doubt Fosters have investors lining up for this deal.
Again, the terms are not visible yet so I am speculating the figures.
- Forums
- ASX - By Stock
- HVY
- Ann: Pre-Paid Royalty Mandate
Ann: Pre-Paid Royalty Mandate, page-9
-
- There are more pages in this discussion • 32 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HVY (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.3¢ |
Change
-0.003(5.36%) |
Mkt cap ! $3.337M |
Open | High | Low | Value | Volume |
5.6¢ | 5.6¢ | 5.3¢ | $17.99K | 332.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 5.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 11746 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 0.053 |
1 | 20000 | 0.051 |
2 | 29940 | 0.050 |
1 | 20000 | 0.045 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 11746 | 1 |
0.059 | 150443 | 1 |
0.064 | 3409 | 1 |
0.067 | 57000 | 1 |
0.069 | 50000 | 1 |
Last trade - 15.28pm 14/06/2024 (20 minute delay) ? |
|
|||||
Last
5.5¢ |
  |
Change
-0.003 ( 3.51 %) |
|||
Open | High | Low | Volume | ||
5.5¢ | 5.5¢ | 5.5¢ | 8500 | ||
Last updated 15.27pm 14/06/2024 ? |
Featured News
HVY (ASX) Chart |