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
- Ann: Pre-Paid Royalty Mandate
My understanding is that there will be $50k plus 1M options...
-
- 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
6.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.778M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 48387 | 6.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.7¢ | 78391 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 48387 | 0.062 |
2 | 59251 | 0.060 |
1 | 37037 | 0.054 |
1 | 25000 | 0.053 |
1 | 20000 | 0.052 |
Price($) | Vol. | No. |
---|---|---|
0.067 | 78391 | 2 |
0.070 | 20000 | 1 |
0.072 | 10999 | 1 |
0.073 | 38888 | 1 |
0.074 | 82000 | 1 |
Last trade - 16.17pm 23/05/2024 (20 minute delay) ? |
Featured News
HVY (ASX) Chart |
Day chart unavailable