Ann: Havilah Secures $2M Placement to Fund Copper Growth Strategy, page-5

After this deal wanbao would be rubbing there hands together thinking they can get kalkaroo for peanuts.

HAV share price could likely be 20cents by xmas.

Once rights issue shares are taken up and issued could see some nice selling and very little buying.

Having kittens just giggling at a funding deal that gives you 450k upfront 100k a month for 20 months and then asking existing shareholders to kick the tin for 5million.

Will feel like going to centre link each month to pick up the dole cheque.

Would of been better off doing 6mil debt with investec again and a rights issue as the collateral till they sold off kalkaroo.

Duh