HAV 5.00% 19.0¢ havilah resources limited

Been watching these guys for a while now , deciding on whether...

  1. 24 Posts.
    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?
 
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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
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Last trade - 15.59pm 02/08/2024 (20 minute delay) ?
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