HAS WILL own 22% of the shares on issue of Neo. Direct ownership to put them in the enviable spot of being the only mine to magnet play in the universe.
Players like Pensana are dreaming if they think they'll mine in corrupt parts of Africa and send all the upside to some fantasy built metal plant in England.
if you actually took the time to read the HAS details you'll notice the twiggy forrest debt is secured by the neo shareholding not the oroject yangibana.
As for the interest maybe wyloo will convert to equity sooner than later. In the meantime HAS secured almost 9m x neo shares which are already $1.67 CAD (approx $15m) in profit after 1 days trade. Brilliant play by HAS team.
the naif loan funds is going towards yangibana not the share purchase of neo...so not sure why you think tax payers are funding neo purchase.
its like amateur hour at the rare earth zoo reading your comments. Clearly just jealous that HAS is off to the races and pensana is pulling the wool over your eyes.
HAS Price at posting:
$4.97 Sentiment: Buy Disclosure: Held
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