HAV 2.33% 22.0¢ havilah resources limited

to sell or not to sell ?

  1. 1,563 Posts.
    This is the question that will be in peoples minds. So lets do a quick valuation

    Kalkaroo Project NPV $237M / 71.4m shares =$3.30/share !
    Then need to add
    + 0.50c for exploration upside - the resource is open along strike
    = $3.80 / share conservatively ...

    Then add the majority holding of new IPO - who knows how much that would be worth.. the current price is about $1.50, which is less than half of value ... looks ok to me ... comments ?
 
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