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4.55%

2.3¢ hexagon energy materials limited

YES CORRECT If we get 49% of the final value of the product sold...

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430 Posts.

144

27/03/18

12:26

Post #: 32053858
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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.

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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
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(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