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
As shareholders are aware, HAV's Mkt cap belies its vast JORC...
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Last
21.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $72.94M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 21.5¢ | 21.0¢ | $9.273K | 43.51K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 76670 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 27949 | 2 |
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| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| HAV (ASX) Chart |