Hycroft Mining Holding Corp (HYMC)

[hyct_investor]

Rich has given some of these detail earlier on this board...

They had total 75M total shares, with 17.5% being with warrant holders. The shares has gone up to 108M (as of some prior date, this could be more now). which makes our shares to be 1.45 time, which means if one has 10K of warrants they will be given 14.5K of shares with strike price being adjusted.

I am guessing if (big iff) they go public, by that time they would be doubled the shares to 150M or more - which makes our share 2 plus times.

They would also want to get cash from market, would like to fund the company for next five years and have plan to get Positive cash flow within year or two. Which means they will issue few more hundreds of millions of shares to new share holders, which will make our number of shares go up (as we always will have 17.5% of the company).

So by having 10K warrants we may land up having to buy 50K shares (considering 5 times) at 1/5th of our original strike price.