Hycroft Mining Holding Corp (HYMC)

[LouisDesyjr]

Warrants could have value if the stock price dropped

There is a possibility if the price of the current shares dropped by about 75% (to around $0.01), there is a profitable trade that could be made on the company stock being converted into warrants.

The problem with the appeal and the motions is that I do not think the people filing them have standing as a party to be making the motions. No amount of legal writing will get one over that problem.

I think the EC is the one that should be filing an appeal and possibly the only one that has standing as a party to file such a motion on behalf of the existing common shares. I do not think the EC would want to file an appeal, since they got the warrant percentage raised from 10% to 17.5%. While I do not expect the warrants to ever trade above the strike price, I do expect there to be a time premium value in the warrants. This would especially happen at the start when the warrants get issued. That would be the time, after the old common shares convert into the warrants, to sell them for a profit, but that can only happen if the shares can be bought low enough.

Pumping up the old common shares and keeping the stock price up, makes that impossible and only makes it so everyone 'loses a little more'.


Louis J. Desy Jr.