Ann: Proposed IPO of Havilah's Uranium Assets, page-40

Being a long-term HAV shareholder, supporter, and sufferer (through the ups and downs), I don't see how this IPO spinoff has been spun by some into a faux negative?

Shareholders are being offered the first priority to take up shares.... it's an opportunity, not an obligation.

But... in a red hot uranium market, this might indeed prove to be a great opportunity for a quick gain.

It's a simple choice really...

Don't take part IF you hold negative sentiment or poo-poo the "recycling of assets" (despite pretty much every single resource stock doing the same thing right now - divesting their assets and spinning them off into IPOs).

I for one, want HAV to generate revenue from realising ANY of its assets (whether that be these or Uranium assets or Kalkaroo / Mutooroo etc).