Been watching these guys for a while now , deciding on whether to invest or not. I read a post a while back that stated something along the lines that if all of thier currently known assets could be converted at around 3% valuation of in ground value , that would equte to around $2.50 per share. I then watched the youtube of the AGM, where Chris said that they would need to dilute with a senior partner to get the other assets into production , and then said he would rather have 40% of something than 100% of nothing. Therefore in simple terms that equates to around $1.00 a share ATM.
Of course there are many upsides and downsides to come, and a lot of risk, so is 58 cps a good price? Another thing he mentioned re the sulphide roaster was that it needs a LOT of water. That comment needs serious consideration given that water in any quantity (let alone quality) is a major issue in that area. I would also like to know that if the sulphide roaster can also produce electricity, what fuel source is the roaster going to use - are they going to ship coal up the railway from somewhere?
- Forums
- ASX - By Stock
- HAV
- Ann: AGM 2016 - Results and Chairman's Address
Ann: AGM 2016 - Results and Chairman's Address, page-18
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
TG1
TechGen Metals kicks off airborne geophys survey at Sally Downs copper play – a first for the permit
AVH
Avita boosts skin restoration product portfolio with 'dermal matrix' – a kind of next-level gauze made of fake skin
Add HAV (ASX) to my watchlist
|
|||||
Last
19.0¢ |
Change
-0.010(5.00%) |
Mkt cap ! $60.16M |
Open | High | Low | Value | Volume |
19.5¢ | 20.0¢ | 18.5¢ | $58.08K | 303.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 125000 | 18.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.0¢ | 38035 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 125000 | 0.185 |
2 | 300000 | 0.180 |
1 | 20000 | 0.175 |
1 | 100000 | 0.170 |
2 | 52800 | 0.165 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 38035 | 1 |
0.210 | 120611 | 4 |
0.235 | 45000 | 2 |
0.240 | 100136 | 2 |
0.245 | 149923 | 5 |
Last trade - 15.59pm 02/08/2024 (20 minute delay) ? |
Featured News
HAV (ASX) Chart |