Choochx
There still has not been a new PFS or DFS presented on Kalkaroo. To finance a greenfield mining project will take extensive due diligence by a financial institution of a DFS. It seems that the board of Havilah are only just realising that debt financing is a long and painful task. I think we are talking well into the 2nd half of next year.
Havilah indicated that they will spend $1.4 million in the current quarter, so the $0.6 million placement is about 5 weeks of funding.
The market will keep pushing these share price down in anticipation of a CR in the new year.
But the Directors must be happy with their performance, they are lining themselves up for some cheap options!
TOD
ChoochxThere still has not been a new PFS or DFS presented on...
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Last
20.0¢ |
Change
-0.005(2.44%) |
Mkt cap ! $65.50M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 20.5¢ | 20.0¢ | $33.26K | 162.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 75943 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 10000 | 1 |
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| Last trade - 15.50pm 03/10/2024 (20 minute delay) ? |
| HAV (ASX) Chart |