I think HAV Management is reminding shareholders and potential investors that the Portia Gold Project is just a very small part of the larger asset base of Havilah Resources Limited.
The Kalkaroo copper-gold project and the Mutooroo copper-cobalt deposit are first in the pipeline after the North Portia copper-gold project.
IMLTHO, the Malarky and Grant magnetite ore projects are just not attractive at the current spot or forward Fe prices without SA or Federal Government infrastructure funding in place.
Cheers
These are only my random thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts.
Ann: Magnetite Strategy Presentation-HAV.AX, page-2
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