HAV 2.50% 19.5¢ havilah resources limited

Ann: Havilah-BHP Kalkaroo Alliance To End, page-47

  1. 2,350 Posts.
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    BHP need to walk away., it was a fair offer for a badly run company. Maybe it’s also an explanation why they walked away from HAV, they needed all their powder for a potential $60B deal i.e it was a strategic decision rather than a thumbs down for our asset.

    With copper going parabolic I still think Sandfire is an option for HAV. I’m not sure the asset is right for S32 they’ve got a lot of capex going to the US.

    It’s simple for me. Copper keeps going up, we get a sale.


 
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