'..it's not the asset's that are a problem..'
As big brother OZL hovers in the $3bn+ mkt cap range, HAV is treading water in the ~ $40m mkt cap range. Acknowledge OZL is producing and that's where HAV aspires to be once Kalkaroo in particular gets over the line. However, resource-wise, there's not much between them on an overall Cu-equivalent basis:
OZL- 4.9mt
HAV- 4.2mt (or 86% of OZL)
HAV (ex-Fe)- 2.6mt (or 53% of OZL)
Not suggesting HAV is even worth the lower 53% of OZL's $3bn+.
But with OZL's SP ~ $10.40, assuming a 1 OZL: x HAV scrip offer, OZL could pick up HAV cheaply on a relative Cu-Eq/t basis. Refer table below:
Column 1 Column 2 Column 3 Column 4 Column 5 0 1OZL:xHAV Implied HAV A$ps Diluted A$m Cu-Eq/t A$ Cu-Eq ('free' Fe)/t A$ 1 3 3.47 829 199 323 2 4 2.60 622 149 242 3 5 2.08 497 120 194 4 5 OZL 3,150 649
Something for Andy Cole's M&A team to consider, perhaps.
DYOR
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Last
20.0¢ |
Change
0.020(11.1%) |
Mkt cap ! $65.50M |
Open | High | Low | Value | Volume |
19.0¢ | 20.5¢ | 19.0¢ | $60.53K | 311.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 19999 | 20.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.5¢ | 11000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 19999 | 0.200 |
2 | 47739 | 0.195 |
3 | 255000 | 0.190 |
2 | 55000 | 0.185 |
3 | 92388 | 0.180 |
Price($) | Vol. | No. |
---|---|---|
0.205 | 11000 | 1 |
0.240 | 13000 | 1 |
0.255 | 10000 | 1 |
0.260 | 19100 | 2 |
0.280 | 2610 | 1 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
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