Good to see they are looking at debt financing rather than a cap raising so no dilution.
Given the preliminary indicated robust economics of the gold mining operation at current spot gold
prices, it is Havilah’s present intention to seek maximum project debt financing to avoid dilution of its
100% Kalkaroo project equity (and currently free of external non-government royalty or streaming
obligations) and also to minimise shareholder dilution via a large capital raising.
Ann: Kalkaroo Copper-Gold Project Update, page-3
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Mkt cap ! $58.57M | |||
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