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2.2¢ hexagon energy materials limited

Ann: Trading Halt, page-74

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snouty

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69

06/06/19

10:12

Post #: 38934580
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Originally posted by badluckted: ↑

one of my key takeouts

This highlights one of the major challenges, namely raising the funds to establish a Qualification Plant, c.A$25million and then the c.A$130 million for a commercial scale plant. The Company is exploring a range ofoptions to reduce these capital costs and fund the overall downstream business. This includes possiblestrategic partnership with co-investment, potential grant money or possibly acquiring a related downstreamenterprise with cash flow and customers to “cornerstone” the build-out of a business similar to that outlinedin the Scoping Study. This process has been in progress for some six months and with A$4.2 million cash athand, as at end of May 2019, the Company is sufficiently funded to advance its activities including theunderlying downstream Feasibility Study and financing discussions over the next 9 to 12 months.

GLTAH

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Great news that JV goes forward - good announcement to clear the air.

HXG Price at posting: 11.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.2¢		Change 0.001(4.76%)		Mkt cap ! $11.28M

Open	High	Low	Value	Volume
2.2¢	2.2¢	2.2¢	$4.181K	190.0K

Buyers (Bids)

No.	Vol.	Price($)
3	235283	2.1¢

Sellers (Offers)

Price($)	Vol.	No.
2.2¢	57463	1

View Market Depth

No.	Vol.	Price($)
3	235283	0.021
2	174837	0.020
1	1000000	0.018
3	985000	0.017
2	125000	0.016

Price($)	Vol.	No.
0.022	57463	1
0.024	20000	1
0.026	125000	2
0.027	200000	1
0.028	359054	3

Last trade - 15.17pm 15/10/2024 (20 minute delay)

HXG (ASX) Chart

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