Given HAV's current 1.3Mt Cu and 3.1Moz Au resource and then adding a further conservative 2.5Mt Cu and 2Moz Au possible as exploration continues at the Eurinilla Dome you arrive at a future resource valuation at today's prices of around $216 per share.
At the current SP that is equivalent to a EV per R of around .09%
DEG's 12Moz resource is currently valued at $19.95 per share giving an EV per resource valuation of around 6.4%.
I think HAV is currently priced extremely low, an EV/R of a modest 1% would indicate a future SP of around $2.16 per share should the exploration potential of the Eurinilla Dome be proved.
With bullish copper and gold prospects ahead I think HAV will prove to be a winner.
Ann: High Grade Copper Drilling Results At Eurinilla Dome, page-30
Add HAV (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
20.0¢ |
Change
0.005(2.56%) |
Mkt cap ! $63.32M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.5¢ | 20.0¢ | $18.69K | 92.99K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 87062 | 2 |
View Market Depth
| Last trade - 13.15pm 29/07/2024 (20 minute delay) ? |
| HAV (ASX) Chart |