Hycroft Mining Holding Corp (HYMC)

[hyct_investor]

Poison Pill is only good for hostile take over situation.

At this time Hycroft needs more dollars to burn (as they have been since last 8 plus years - with Buffington).

Company need to go for either Equity or Debt Funding ...

Debt Funding:
Not sure with Management credibility, they could grab any more big money through Debt funding.

Equity funding:
Total Hycroft now worth 45 Million, they will need at a minimum 5 to 10 times of its current market cap. Which is not going to be easy through any form of equity funding.

Other Option for funding: Look for a right company to buy them outright.

If they don't act on resolving this in timely manner, HYMC has two option.
1. Get delisted and move to OTC
2. Reverse Spit

Only option out of all these looks attractive for Hycroft Share holder is to look for a buyer who can take over the company (if already not doing so), All other options are not good for current Hycroft Share holders.