Sorry, couldn't wait for CR as topped up when someone sold to me...

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Hardrush

617 Posts.

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15/03/22

19:04

Post #: 60208712
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Originally posted by ProCapitalism ↑

Click on the link here to view the timetable & the ann.

This is all we know.

IMO, as an investor here, I wouldn't call the CR to re-comply with ASX rules as being "shafted." In fact quite the opposite, these costs are required by the ASX. If HNR doesn't do this, then shareholders won't have Greenhouse. Shareholders would still have the Nordics with CM, but eventually, for that business to grow, HNR would face re-compliance costs. It was inevitable. It's better to get Greenhouse on board & get the re-compliance out of the way so the team can focus on what they need to do.

You have to look at HNR as an investor from a battery recycler standpoint. What could they possibly see?

26% owned by NMT, using her tech & cashed up
19% owned by Greenhouse.
BOD holds 1-1.5%
Licence & sub-licence agreements that cover large portions of the EU.
HNR would also be cashed up.
3K or 4K investors on board.
Mercedes likes what they see.

The link is here.

I'm happy to hold, I've bought more in the last few weeks & I will take part in the CR.

Mercedes is on board with NMT technology through Primobius. A licence that HNR & CM happen to have. Who's next?

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Sorry, couldn't wait for CR as topped up when someone sold to me at 3.2c today. Hope they are happy because I certainly am. Also keen to partake in CR to existing shareholders.
GLTAHs

HNR Price at posting: 3.3¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

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