HAV 2.27% 21.5¢ havilah resources limited

Shylock Prospect Redux, page-4

  1. 935 Posts.
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    I'd love to see them sell the uranium assets too.

    But in 4 or 5 years time for a few hundred million (or more) at the height of the next inevitable uranium boom and after they've delineated a sizable resource.

    Selling now for chicken feed or for scrip (which has the potential to turn into either confetti or impose a sizeable funding burden) doesn't make sense to me.

    Remember, this is one of the best addresses in the country for uranium. The mining is potentially low-cost ISL and our tenements surround/abut two already sizeable resources.

    Long time uranium watchers will also remember the boom around 2006 and the extraordinary sale price achieved by some of the African-based explorers. That might not happen again, but it gives some indication of the potential.

    Finally, if there's two things I've learnt about HAV management it's this, they don't sell for the sake of selling & they play the long game.
 
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