Hycroft Mining Holding Corp (HYMC)

[pennycollector1]

You bring up an important point concerning being made whole. It's not just dollar for dollar. Our initial investment has basically been locked since the March 10, 2015 chapter 11 filing.

A google search has the 5 yr return on the S&P 500 index at 91.43%. That equates to an annual return of 13.87%. So to calculate the opportunity cost of your investment over the last 6 years, multiply your initial investment X 2.18.

Example: $10,000 X 2.18 = $21,800 if you had put that money in the S&P 500 back in 2015. Divide that dollar value by the number warrants you hold to get the price per warrant for your "being made whole" break even point.

Due to the 1 warrant for 10 shares computation, if you didn't speculate and pick up cheap warrants, it is highly unlikely you will be made whole. An investment in ANV stock at an average price of $2 would require a warrant price of $43.60 to be made whole based on opportunity cost.