HAV 2.56% 19.0¢ havilah resources limited

Takeover ?, page-15

  1. 336 Posts.
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    also what I said about the $18m was a bit low I skipped over the part of up to $76 million. Surely they wouldn’t spent $90+ million on a “hmmm maybe this is good” I’m pretty confident (just my gambling opinion)

    Under the Strategic Alliance, OZ Minerals will pay Havilah $1 million per month during the Option and Alliance Period, with 50 per cent of the payments directed towards Havilah identifying and advancing nearby exploration opportunities within the Curnamona Province. Including the monthly payment, OZ Minerals expects to spend up to $76 million during the Option and Alliance Period to undertake studies and for exploration activities at the Kalkaroo project and on alliance activities.
 
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