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Re: Tradernick5 post# 11185

Wednesday, 08/25/2021 9:48:52 AM

Wednesday, August 25, 2021 9:48:52 AM

Post# of 19484
Post 500 Million Dollar Dilution, here is how control will switch from Mudrick & Co control board to this new entity (who puts 500 million $ of equity).

Current shares: 59.9 Millions
Mudrick & Co: 37.7 Millions

Mudrick: 63% of Hycroft
ANV Shareholder: 17.5% of Hycroft

Post 500 Million dollar equity sale, let us assume we will get to 400 millions total shares (this is in low side)

Mudrick will become: 9.43% of Hycroft
ANV Shareholder will still have: 17.5% of Hycroft


ANV share holder will become close to double the stake of Mudrick & Co.

Someone who is buying and got majority of HYMCZ holds the key to this bargain.
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