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2.2¢ hexagon energy materials limited

Ann: Trading Halt, page-40

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430 Posts.

144

27/03/18

12:25

Post #: 32053813
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Originally posted by william3874 ↑

If we arnt paying them back we have no debt and in theory revenue should go straight back to the share holders as soon as the first shipment goes out the door.

So by my calculations this is the equivalent of;

250M shares on issues X 1.01 = 252,000,000.00. So basically this is having 502M shares on issue. Thats still a tight register i think, thoughts?

We are going to have a functioning mine in place as the graphite space starts scaling up. We will have no debt and all money should be going to share holders. And with 502M shares on issue profit of $50M should work out to $0.10 a share.

Im uncertain from the ann if we will be repaying but it dosent sound like it, only costs mentioned are for mining services which are capped at $3.92M. If they payfor the mine i am all for this. the mine was estimated at $148M!!!!

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we dont have to pay anything back. we are fully funded and now free carried.

HXG Price at posting: 24.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.2¢		Change 0.000(0.00%)		Mkt cap ! $11.79M

Open	High	Low	Value	Volume
2.1¢	2.2¢	2.1¢	$6.857K	312.2K

Buyers (Bids)

No.	Vol.	Price($)
4	374622	2.1¢

Sellers (Offers)

Price($)	Vol.	No.
2.2¢	300000	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 - 11.28am 22/11/2024 (20 minute delay)

HXG (ASX) Chart