HAV 4.76% 20.0¢ havilah resources limited

Ann: Change of Director's Interest Notice , page-7

  1. 519 Posts.
    lightbulb Created with Sketch. 85
    May turn out to be a silver lining ???

    Do not agree with your opinion of Portia though, not a silly idea, at current prices 67000oz is 107m or thereabouts, in 18mths that is a tidy sum of revenuew even if the outlay is 50m, that is $57m
    I had an estimate from a pretty close source that stated the extimated capex would be $30m, so that would leave $77m, we will not get any closer to the truth without digging a hole.

    HAV market cap at todays prices = $67m

    That does not take into account the bedrock or Nth Portia or the possibilty that ore type grades exist close enough to continue on from there, Nth portia also had high molybdenum assays,

    Kalkaroo is a biggie, but Portia is (should be) quicker and easier, just doesnt seem like it at the moment. I am holding on to what i have already, not putting in any more funds until something of substance happens.

    Think i might have another beer and just chill.
 
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