Post by
justrelax2 on Dec 04, 2021 12:56am
Appian warrants...
They can acquire the lower cost warrants ( 63,303,000 ) at av /share cost of 17.5 cents.. 15,3000,00 more available at higher price, totaling 78,600,000....the benefit is the money goes to Harte treasury not the seller on the open market....one way of injecting cash and adding shares at same time.. yes dilutive, but they have that right....cash to keep debt holder at bay, allowing time to make another move...with perhaps NG...just saying.....enough for today
Comment by
bufordpusser on Dec 04, 2021 2:43pm
or new gold may have dumped their shares after the debt being offered to silver lake due to ngd's investment not being used as expected. this would explain why shares crashed all the way to 2 cents for no apparent reason from 16 cents.
Comment by
bufordpusser on Dec 04, 2021 3:06pm
I see a payment made to bnp after newgolds investment in q1 but nothing after that. we have yet to see any sign of new gold anywhere in this picture. someone else mentioned if new gold were involved a deal would have been done by now.
Comment by
Homestone on Dec 04, 2021 4:23pm
Forget about trying to figure it out buford.You are wasting your time.In the near future all will be revealed.Cheers
Comment by
bufordpusser on Dec 04, 2021 4:39pm
we could know the outcome as early as tomorrow night with an Australian press release.
Comment by
bing32 on Dec 04, 2021 8:23pm
with some work and a few cry in the news to ''save the jobs'' im sure they could get some help from the government.