HAV 5.88% 18.0¢ havilah resources limited

Yes, a good deal for Kalkaroo. It is a long dated option to buy...

  1. 138 Posts.
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    Yes, a good deal for Kalkaroo.

    It is a long dated option to buy so nothing is assured. A real toss of the coin.

    Obviously a lot of technical assessment work has to be undertaken by OZ to get comfortable. Clearly, there is a lot of uncertainty about the project and that is reflected in the deal structure.

    A long way short of the NPV's of billions quoted by certain posters.

    TOD
 
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