'I have a suspicion that OZL could be interested in Kalkaroo.'
@TazD
You'll recall that OZL took over Brazil based Avanco (ASX:AVB) in 2018 (see e.g. Post #: 32046238), valuing AVB at $418m (see pg 4 of linked presentation).
Kalkaroo and therefore HAV are worth more than that IMO.
A side by side comparison compiled around the time of the takeover can be found at Post #: 33817809
Were OZL interested in HAV, it could spin-off the iron ore assets if it chose to do so.
As you point out, OZL and HAV being based in South Australia is advantageous to both companies. I agree the copper price will be a driving factor. Indeed the scarcity of undeveloped copper assets vs the projected demand expectations brought on by decarbonisation, EVs etc could ultimately prove beneficial to juniors like HAV.
"The best leverage against a rising copper price is to own an early-stage junior with a sizeable and scalable deposit in a mining-friendly jurisdiction" - Rick Mills
DYOR
'I have a suspicion that OZL could be interested in...
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add HAV (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
18.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $56.99M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.5¢ | 18.0¢ | $4.306K | 23.88K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2900 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 22750 | 2 |
View Market Depth
| Last trade - 11.11am 14/08/2024 (20 minute delay) ? |
| HAV (ASX) Chart |