HAV 2.86% 17.0¢ havilah resources limited

Ann: Half-Year Technical Update Presentation, page-8

  1. 3,423 Posts.
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    @Cozjmoz

    In answer to your question:

    Havilah's bank account held $3,483,676 at 31 January 2024.

    The speed of the spend is dependent on the amount of drilling by Havilah during the next 6 months.

    Other sources of potential funding include:

    FireFly Metals Ltd (ASX: FFM) 327,778 ordinary listed shares could be sold now for: ~$250,000.

    Strategic Alliance bank account had $357,767 at 31 January 2024, per page 22 of the 31 January 2024 Interim Financial Report, to be spent during 2024 on Strategic Alliance activities by agreement with BHP: $357,767

    NAB secured overdraft facility of $500,000 could be drawn down, at 6.9% pa interest: $500,000.

    Koba Resources Limited (ASX: KOB) ordinary listed shares could be sold in 6 months (1/2 escrowed for 6 months, 1/2 for 12 months): ~$1.25 million.

    KOB ordinary listed shares could be sold in 12 months (1/2 escrowed for 6 months, 1/2 for 12 months): ~$1.25 million.

    Cheers

    These are only my thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts.
    Last edited by Clark888: 26/04/24
 
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