HAV 0.00% 18.0¢ havilah resources limited

Havilah's Developing Projects, page-17

  1. 12,259 Posts.
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    The 75,000t doesn't seem to reconcile with the numbers in that table. Haven't looked at Nth Portia but there must be some millions of dollars of development costs associated with that I'd guess.

    Can't see HAV not needing capital in the short term. Interested to see if they do a raising how much and at what price. At least with the price currently around 30cents it's possible to raise a reasonable amount of money without ridiculous dilution.

    Have they had good support with raisings in the past?

    The Cu,Co and even Au price should help support the share price so not a bad time to look to raise.

    Carrapateena has taken a very long time to get off the ground and 94% of that resource is in the probable category.

    Portia gold almost seems like a sideshow to me that just adds risk and distracts from where the real value is.

    You've followed the story. In all honesty how do you see this story playing out over the next few years?Esh
 
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