HAV

2.50%

19.5¢ havilah resources limited

'StockAnalysis over the past few weeks have had some very...

First 16 Last

Share
Profile

Follow
Guerilla

2,569 Posts.

896

20/03/19

13:43

Post #: 37824433
Share

Originally posted by nUmbaz ↑

Glad to see some people finally talking some sense in regards to drilling objectives.

Looks to me like this asset could line up pretty nicely in terms of grade/quality, opportunities for further ore concentration, logistics and size of the deposit, and lets not forget how it compares with what else is currently located close by in SA.

Can't begin to understand why a comparison was given to buying up WA iron ore to send down to SA. The investment case for buying the steelworks is to increase amount and quality of products produced, while also utilising the iron ore export infrastructure they have for further $'s. To do this they need a long life high quality ore. The investment case for HAV ore is clear (I hope), but lets see if SIMEC and HAV can strike the right deal, as its still $1b+ to get this mine up and running, not to mention a few years away. Yes SIMEC have the ability to raise that sort of money and the project fundamentals makes sense, but HAV certainly don't (so SIMEC have a lot of bargaining power).

If SIMEC can fully utilise its export capacity out of the harbour while also using whatever it needs into its furnaces things could be interesting for them. As Gupta said he wants to secure iron ore and coal for all of their steelworks around the world to reduce risks in price fluctuations. Big investments in steel works are paid off over very long periods of time so he'll be looking at returns over various economic cycles, so to have some control over most of his major input costs is key. He's already trying to sort out the power issue which is of course another very large input cost. Unfortunately labour is a little out of his control.

StockAnalysis over the past few weeks have had some very positive write ups on the project and some comparisons to mines who could be likely contenders (HAV still comes out on top).

I for me I see more value in this iron ore project, and am happy if management switches from this Copper + Cobalt strategy. To do 10mt pa could produce a hell of a lot more EBITDA, and a lot sooner then Kalkaroo!

Anyone concerned we haven't heard about any extension in exclusivity for SIMEC? I'd have thought it would have come through today if it was happening.

DYOR

Expand

'StockAnalysis over the past few weeks have had some very positive write ups on the project and some comparisons to mines who could be likely contenders (HAV still comes out on top).'

Numbaz,

Are you able to elaborate what positive comments Peter Strachan had to offer?

This is what has been tweeted for non-subscribers, suggesting tonnage potential at GIB of over 15 billion tonnes:

DYOR

HAV Price at posting: 15.5¢ Sentiment: Hold Disclosure: Held
2 Upvote

1 Great analysis

Reply

Top Stories

MIN

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

ASX Market Open: ASX200 to rise for Friday session | July 26

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

RHK

Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

IGO

IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity

HRZ

Horizon firms up ore reserve for Boorara ahead of FY25 Q1 development decision

TRP

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

Nine's staff strike as Paris Olympic coverage begins

MND

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

NVA

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

There are more pages in this discussion • 7 more messages in this thread...

First 16 Last

Add HAV (ASX) to my watchlist

(20min delay)
Last 19.5¢		Change -0.005(2.50%)		Mkt cap ! $61.74M

Open	High	Low	Value	Volume
20.5¢	20.5¢	19.5¢	$13.59K	67.85K

Buyers (Bids)

No.	Vol.	Price($)
2	62788	20.0¢

Sellers (Offers)

Price($)	Vol.	No.
21.0¢	49431	2

View Market Depth

No.	Vol.	Price($)
2	62788	0.200
1	100000	0.190
2	27543	0.185
2	300000	0.180
1	20000	0.175

Price($)	Vol.	No.
0.210	49431	2
0.235	30000	1
0.240	100136	2
0.245	149923	5
0.250	53200	2

Last trade - 13.15pm 26/07/2024 (20 minute delay)

HAV (ASX) Chart

'StockAnalysis over the past few weeks have had some very...

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

ASX Market Open: ASX200 to rise for Friday session | July 26

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity

Horizon firms up ore reserve for Boorara ahead of FY25 Q1 development decision

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

Nine's staff strike as Paris Olympic coverage begins

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

'StockAnalysis over the past few weeks have had some very...

Top Stories

MinRes jumps 5% as the company meets production guidance – depressed iron ore prices be damned

ASX Market Open: ASX200 to rise for Friday session | July 26

Capital raisings wrap: Brainchip, Ovanti, Lake and VHM

Red Hawk upgrades Blacksmith with DSO mineral resource at the Eagle Deposit

IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity

Horizon firms up ore reserve for Boorara ahead of FY25 Q1 development decision

Tissue Repairs soars nearly 32% on TGA approval for wound healing gel

Nine's staff strike as Paris Olympic coverage begins

Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?

Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News