Hycroft Mining Holding Corp (HYMC)

[LouisDesyjr]

I agree - HYCTW strike should be $8.40

From the papers and filings I came across, it does look like the warrants were proposed to be 17.5% of the outstanding shares and a strike price of $8.40. While the 17.5% is definite, since that was part of the restructuring plan, the strike price can only be inferred from the formula presented in the plan.

The warrants would be eligible for exercise in the event of the 'special event' or public listing of the company.

At the moment, I think the best outcome would be a large rise in the price of gold, $1,800 to $2,000 per oz, and the company wanted to restart operations and/or has a partner to get going again.

Louis J. Desy Jr.