HAV 4.44% 23.5¢ havilah resources limited

Ann: Havilah Secures Funding of up to $100M from GFG Alliance, page-63

  1. 2,564 Posts.
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    '...nothing like this transaction at all...'

    Summary of GOR's 50:50 Joint Venture with Gold Fields can be found at Post #: 20426777

    A$350 million in cash payments and an uncapped 1.5% net smelter return royalty after production of 2 million ounces

    Gold resource of 6.2 million ounces at the Gruyere deposit (100%).

    HAV has an Au resource equivalent (excluding Fe) of nearly double that.

    Makes you wonder what is motivating those defending HAV's BoD and its proposed transaction with GFG.

    You can put lipstick on a pig, but it's still a pig!

    DYOR
    Last edited by Guerilla: 02/05/19
 
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