yeah this is it, they want to get a miracle deal that let’s them develop Kalkaroo on a shoestring without giving up any equity in the project, then with that cashflow develop everything else.
look at this uranium spin off - they could try and do a deal with someone else to develop it, or just sell it outright, instead they stuff around floating a new company which will effectively still be controlled by HAV directors even if the ownership is diluted.
They cannot, will not let anything go and the pessimist in me fears they’d rather miss this commodity cycle and stuff around with minerals still in the ground than letting go of anything
it’s maddening
that being said though if they get Kalkaroo West going it’ll “unpick the knot” and other things will start falling into place.
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yeah this is it, they want to get a miracle deal that let’s them...
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