As shareholders are aware, HAV's Mkt cap belies its vast JORC reserves and resources. There are numerous ASX-listed explorers with less reserves and resources trading at multiples of HAV's Mkt cap.
Arguably the current Mkt cap of ~ $50M barely represents just the Mutooroo project.
Source: https://www.havilah-resources-projects.com/mutooroo
Simply applying HAV's data: 12,529,000 Sulphide ore tonnes @ $400/t = $5 billion.
HAV's current Mkt cap of ~ $50M represents ~ 1% of this estimated value for the Mutooroo project.
Under this analogy, everything else (Kalkaroo, iron ore assets, Jupiter etc) is yet to be priced into the share price.
DYOR
Ann: Havilah's South Australian Copper Projects, page-10
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Last
18.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $56.99M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 18.0¢ | 17.0¢ | $5.596K | 32.72K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12667 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 60419 | 1 |
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| Last trade - 13.53pm 07/08/2024 (20 minute delay) ? |
| HAV (ASX) Chart |