Morning Guys,
This really has me scratching my head and as always I am keen to hear others views.
I can't work out why HAV and their Cu-Au projects are languishing, both in terms of the SP (discount to NPV) and that the project(s) remain undeveloped.
By reference, I am a shareholder in MLX, and they were able to sell their historically troubled Nifty mine and surrounding package to CYM recently, for a very reasonable A$60m.
The gold sector WAS and the Cu sector IS hot right now so there would be a lot of interest from partners / funders / predators, over the past 12 months, surely.
At what point does someone like SFR or maybe even a mid-tier Aussie gold producer simply lob a TO offer in ??
I'm wondering if there is something technical that I am missing.
Cheers
John
Kalkaroo Copper Project Peer Comparison, page-93
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Mkt cap ! $58.57M | |||
| Open | High | Low | Value | Volume |
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