Ann: Havilah Secures Funding of up to $100M from GFG Alliance, page-122

@Justdigit

Can’t understand why you’re so worked up on my commentary on this ‘dud deal’. And before you blow a fuse, that’s another commentator’s description.

Along with holders like you, Giles’ 20% stake is likely to see Gupta’s lowball bid get up so relax. Just like the chairman behind this 'dud deal' survived the EGM; ‘all roads lead to Giles’ – again, another commentator’s phrase. The rest of us are likely to be collateral damage, yet again.

Hopefully more holders read the detail on this proposed deal – it’s a TO implying a value of ~ $48M for our shares (~22c ps) – and not just rely on the IMO misleading “Funding of up to $100M” headline.

Many holders remember when HAV’s SP was above 70c ps during Portia production; at its peak during this period, HAV’s Mkt Cap was ~ $150M. Now the Board is saying HAV is worth $48M. Go figure!

Please DYOR