Ann: Kalkaroo Project PFS Update, page-80

'..some speculative buying..'

HAV isn't stirring any FOMO among investors right now.

HAV is undervalued. That's before speculating on the 3 potential elephants. We know there's news due on COB Mutooroo testing and Kalkaroo PFS/ Wanbao investment decision to name but two SP catalysts. Fundamentals on Cu-Co are looking better each day and geo-politics are keeping Au elevated.

Everyone, including HAV management, knows HAV can't develop its expansive assets on its own. At some point, the circling wagons will need to get their cheque-books out.

It seems investors won't buy HAV until its SP starts rising. Even if it means paying 10-20c more compared to buying now, holding and waiting for the rocket to launch.

Btw- noticed OZL has been trading > $10 ps lately. I doubt OZL would do it, but a 3:1 scrip bid sounds like a good number; represents ~ $800m diluted.

DYOR