Possibilities: Positive and Negative, page-20

To those who imagine that a change of directors at Havilah will bring about a magical transformation in the company, a soaring share price etc., who think that somehow adding one more jorc compliant resource every year, as has been proposed, is either achievable (considering Havilah's limited budget) or even a good idea (rather than focusing on advancing existing projects through Native Title, permitting etc.) then perhaps it is worth considering what events might be set in motion should the bright red 'RESET' button actually be pressed.
I think we should not be too naive and very seriously look at the possibility that what is currently happening at Flinders Mines is something that could also happen at Havilah - if we allow things to start to progress in that direction.
Flinders Mines is currently facing the unpleasant possibility of being de-listed - much to the anger and cost of most minority shareholders.  If you want to see how this situation evolved - from innocent beginnings - and what current shareholders think about it now, you can get a pretty clear idea by reading through passed ASX announcements. Or, if you don't have time to do that, by looking at the postings for Flinders Mines (FMS) on HotCopper.  To get a flavour of the situation you could read recent postings by @Petercog or @rodmor or an earlier posting by @xax #37145515
I think we should be very careful what we wish for at Havilah.  Supposing - one thing leading to another - that a different group of directors were in charge.  What might then ensue?  In one of the 'RESET' letters that was sent to shareholders, it was stated - amongst other proposals - that, "Steps need to be taken to raise capital..."  How, I wonder, might that capital be raised?  I think it is very likely that a rights issue would be proposed - underwritten by those who might see advantage in increasing their holding in the company.  I leave the rest to your imagination. Seriously, checkout what has happened at Flinders Mines and ask yourself if it could not also happen at Havilah.
These thoughts of mine are only hypothetical of course and I'm not suggesting that any definite agenda is in place - I simply don't know - but I think we should all consider very carefully as to what might actually be unleashed if the magical 'RESET' button is pressed.

In Conclusion...  I've been a shareholder in Havilah for many years, and hold a decent number of shares, and certainly I can see that various things, in hindsight, might have been done differently. I would have liked to have seen more rapid progress over that time.  But, Havilah operates in the real world.  I don't believe anyone could have achieved Native Title for Kalkaroo any more quickly than our directors did - it was a difficult, delicate process and many others would have mucked the whole thing up.  As it is this crucial document now underpins future development. Another notable achievement has been the quiet accumulation over several years of tenements covering the Grants Basin iron ore discovery.  I do not think we should underestimate the significance of this work on the part of management as it allows for the strongest possible outcome in any future negotiation with SIMEC - or any others who might be interested.
I could add to those examples of course, but the bottom line is, I believe the current directors have a clear strategy in place to realize value for shareholders and we should let them get on with it.