HXG 0.00% 1.3¢ hexagon energy materials limited

Selling, page-22

  1. 4,510 Posts.
    Not there's some excellent replies to my original post, especially from pavbar. Absolutely refreshing to have a logical discussion about it rather than some of the drivel and shouting you get on other strings (that have typically been taken over by tech savvy multi-nics) if you dare to raise questions.

    $35M is still a lot of money to find (especially in the current markets) and in my experience a good bulk of that (if not all) will need to be equity or some quasi equity (like convertible notes etc). Sometimes a chunk of that equity will come in the form of a cornerstone shareholder, and also that can is some situations be the off take partner as well if they like what they see.

    An off take partner with a large chunk of equity to fund the project as well, now that would be something.
 
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