Hycroft Mining Holding Corp (HYMC)

[hyct_investor]

That is exactly the point, they did not honor court order of 17.5% during SPAC merger. Cheap factor was calculated without keeping 17.5% from Oct 2015. Mudrick understood that he messed up ANV share holders. I think that is all the reason Buffington was fired and they honored the Anti Dilution much later after SPAC went public, this was 2nd mistake.

Basic of 17.5% court order was to restrict any debt and/or equity taken post Oct 2015.

I am very certain someone who owns most of the warrants (we are minority holder here) knows that this needs to adjusted at the end (in court or outside the court), and because they have messed up ANV share holders during SPAC this expiry of Oct 2022 can easily be challenged in court.

Because Hycroft miscalculated ANV share holders right during SPAC merge they are are due for severe penalty and Hycroft equity holders (all of HYMC/HYMCW/HYMCL) are being being penalized (as stock deteriorated) with Mudrick.