Hycroft Mining Holding Corp (HYMC)

[Olti100]

They have a $200m+ debt due end of March. The general consensus is that they will sell the company before the end March in order to pay off the debt. If they do not, they will default. If the company is sold, our warrants should get value, especially if its sold anywhere near the old valuation of $1.4B which was in their feasibility study of Dec 2014.

I Agre with you but there they have also taken a Loan of around 95M$ if I am not wrong after http://www.octafinance.com/hycroft-mining-95-00-million-fundraising-stephen-m-jones-filed-oct-22-d-form/ they went out of the BK to repay the old loan so dodnt know where did you get the Date of the next march but even if it as you say they held few ten millions In dollars in Ounce of Ore to be procesed and with what I know they procesed that aamount to be worth from the BK Filling around 80M$ but of course a lot of less in their hand worth.So yes they need to sell and hopefully at around those official numbers but no they arent in hurry as much as you bring it up but much more if the Case gets turned upside down from the Apealing process under the Leadership of our Heroe Brian Tuttle.