Dont think there is enough info yet on HAV to say if they are higher or lower capex intensity compared to CAP. Probably both in the same ball park being low grade but with good access to infrastructure. The CAP ore I think is a bit different, softer and a bit easier to process compared to hard rock plus quality is unmatched, perhaps it would trade at $20-30/t premium or more compared to a 65% Fe.
HAV management seem all over the place with projects and past record, prefer the CAP model with single focus.
HAV Price at posting:
15.0¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)