So what we have about the PFS is uncertainty - just what the market hates.
1. A strict reading of the above would indicate that Wanbao had private access to the report (which they financed) for two months and then Havilah can distribute it widely.
2. Why does it not say UP to two months? Wanbao rightly has been kept informed about the progress of the PFS. Why do they need two months to decide whether they are in or out?
3. How does the report being unavailable for two months sit with HAV's responsibilities of timely disclosure to the market.
MY CONCLUSION: Poor communication by HAV.
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PFS, page-14
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Last
22.0¢ |
Change
0.010(4.76%) |
Mkt cap ! $74.63M |
Open | High | Low | Value | Volume |
22.0¢ | 22.0¢ | 22.0¢ | $1.833K | 8.333K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 21.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.5¢ | 42310 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.210 |
2 | 120500 | 0.205 |
2 | 128905 | 0.200 |
2 | 96331 | 0.195 |
4 | 77635 | 0.190 |
Price($) | Vol. | No. |
---|---|---|
0.225 | 42310 | 1 |
0.235 | 30000 | 2 |
0.245 | 240800 | 4 |
0.250 | 305702 | 4 |
0.255 | 13000 | 1 |
Last trade - 12.16pm 26/12/2024 (20 minute delay) ? |
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