HXG 4.55% 2.3¢ hexagon energy materials limited

Ann: Trading Halt, page-37

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 475 Posts.
    lightbulb Created with Sketch. 39
    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!!!!
    Last edited by william3874: 27/03/18
 
watchlist Created with Sketch. 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
Last trade - 15.36pm 06/11/2024 (20 minute delay) ?
HXG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.