Ann: Quarterly Activities Report & Appendix 5B, page-12

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02/11/18

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Post #: 36367631
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Originally posted by Maltisani ↑

Originally posted by Sentia717
Well what are HDY's chances of raising money ?

Surely with the company having been in a trading halt and investigated by the ASX then despite getting a sort of approval to tidy up their act and continue, enough doubt about the company will give investors pause for thought. If HDY has so little money left in the bank it is going to have to convince possible investors that it has a chance to trade and continue to exist.

Certainly not the best position to be in.
Agreed.

However, my guess/hope (for what it’s worth) is that we’ll be back trading sooner rather than later and these guys will pull something out of their @r$e that makes them attractive to further investment.

To be quite honest, I think they have more on their plate than Clive Palmer. A good start would be to maybe focus on the Vanadium and Burraga? Perhaps consider divesting the rest - maybe they have deals ready to go? Maybe that’s where the future cash will come from?

Anyway, we are getting to ‘last roll of the dice” time - any more cock ups from here and we are dog tucker.

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Next week will be a good week. Suspension will be lifted, a new announcement for projects progress and most importantly HDY directors good intention to reconciliation of shareholders, value adding to sp....

HDY Price at posting: 0.4¢ Sentiment: Buy Disclosure: Held
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Ann: Quarterly Activities Report & Appendix 5B, page-12

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