Australia's largest stock trading and investment forum Australia's #1 stock forum

HXG

Click for more information

4.55%

2.3¢ hexagon energy materials limited

Ann: Trading Halt, page-41

First 41 Last

Share
Profile

Follow
Bullant

430 Posts.

144

27/03/18

12:26

Post #: 32053858
Share

Originally posted by markolious ↑

It really does depend on the deal. If we get 49% of the final value of the product sold and MinRes pay the development fees from their 51%, it is an incredible deal for us.

But, I would say that it's more likely to be a split-profit arrangement (similar to the calculation above), which means that we will still technically be footing the development cost, without being diluted. As you said above, it still would be 10c profit per share, putting SP at 50c+ on conservative estimates.

Expand

YES CORRECT
If we get 49% of the final value of the product sold and MinRes pay the development fees from their 51%, it is an incredible deal for us.

HXG Price at posting: 24.0¢ Sentiment: Buy Disclosure: Held
7 Upvote

0 Great analysis

Reply

Top Stories

RLF

Lord picks up high-grade copper play in Western Australia, with past intercepts of up to 6.62%

SI6

Nanocap Si6 Metals to kick off drilling at Monument gold project WA, chasing past hits

Bitcoin jumps 8% to beat record on Trump vote optimism

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

There are more pages in this discussion • 41 more messages in this thread...

First 41 Last

Add HXG (ASX) to my watchlist

(20min delay)
Last 2.3¢		Change 0.001(4.55%)		Mkt cap ! $11.79M

Open	High	Low	Value	Volume
2.2¢	2.3¢	2.2¢	$24.45K	1.092M

Buyers (Bids)

No.	Vol.	Price($)
1	37	2.2¢

Sellers (Offers)

Price($)	Vol.	No.
2.3¢	326201	1

View Market Depth

No.	Vol.	Price($)
1	100000	0.024
2	386221	0.023
2	147000	0.022
5	1217500	0.020
2	54368	0.019

Price($)	Vol.	No.
0.025	498695	1
0.026	289259	4
0.027	396549	3
0.028	281127	2
0.029	50000	1

Last trade - 15.36pm 06/11/2024 (20 minute delay)

HXG (ASX) Chart