HAV 2.63% 18.5¢ havilah resources limited

Ann: High Grade Copper Drilling Results At Eurinilla Dome, page-41

  1. 2,237 Posts.
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    I agree. I think this is the only reason why the run is not more magnified:

    Cash and cash equivalents as at 31 January 2024 was $3,483,675.

    If there is an additional source of revenue to prevent dilution I missed, please let me know. The way I see it a sale of kalkaroo or some sort of JV gets signed, which prevents this being an issue, or they will need to raise/sell something to generate some cash.

    This was the only reason why I did not load the truck hard on my initial purchase. Loads to like here, but it's overhang. (kinda regretting it now i'm up 54% but one can only make the best decision at the time.)

    HAV has exposure to multiple commodities which are running hard, in particular the gold and copper which have unbelievably bullish scenarios moving towards 2050. Especially copper.

    https://aheadoftheherd.com/biggest-copper-mines-produced-20-less-copper-in-2023-richard-mills/

    This article goes in depth about how f*ed the west is when it comes to securing critical supply. And that means drastic action must be taken.
 
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