Replies to post #5005 on Hycroft Mining Holding Corp (HYMC)

[LouisDesyjr]

People not releasing

I have to read to make absolutely sure, but usually the common shares are all in one class, so however the majority votes, that is what they all get and how they are treated. i.e. If the majority vote to accept but you vote to reject, you 'accept' as part of the class.

So if a majority votes to accept the plan in that class, then they all released also.

My understanding is that even if the common all vote to reject the plan, but the higher classes vote to accept the plan, then the plan will be accepted anyways.

With the way things are, I am not sure what people think they are doing if they refuse to accept the plan. The longer this goes on, the less the company will have. Once the cash falls below $25 million in cash required in the POR to put it into effect, the POR will have to be redone or even canceled. At that point, I expect the company will end up liquidated since if the company has to sell off more assets to fund the POR, there will not be much of anything left to operate in NewCo.

Louis J. Desy Jr.