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21.5¢ havilah resources limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-9

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ozziesap

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20/06/23

13:16

Post #: 68377993
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Originally posted by arsenic: ↑

I've given my reasons based on stock selection. However, I think we know enough about both ore bodies from their PFS's to be able to compare IRR's (internal rate of return).

At first glance, they appear to be the same but they aren't. HAV's is based on much lower metal prices if you look you'll see The Cu price used in HAV's is less and the gold. much less. This is a reflection of the C1 or cash cost of production. HAV's is in the $1.50/ lb range CVV's 2.0/lb. RXM (which I have a lot of) struggled to get financing at the latter. They seem to have found a way through.

To be fair I do like CVV's project as do Paradice Funds management whose resources analyst team I have a lot of respect for. I'm just as likely to rotate to it if I get a chance to cash out favorably from one of my five Cu miners and the building Cu price shortage is still strong.

All IMVHO.

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Some excellent points, thanks @arsenic

HAV Price at posting: 23.5¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 21.5¢		Change -0.010(4.44%)		Mkt cap ! $68.07M

Open	High	Low	Value	Volume
23.0¢	23.0¢	21.5¢	$37.89K	170.3K

Buyers (Bids)

No.	Vol.	Price($)
1	100000	21.0¢

Sellers (Offers)

Price($)	Vol.	No.
21.5¢	51185	1

View Market Depth

No.	Vol.	Price($)
1	100000	0.210
2	3303	0.205
3	100000	0.200
4	119999	0.195
6	180773	0.190

Price($)	Vol.	No.
0.215	51185	1
0.220	5000	1
0.230	142249	2
0.235	26319	2
0.240	100413	4

Last trade - 13.32pm 21/05/2024 (20 minute delay)


Last 22.0¢			Change -0.010 ( 2.22 %)
Open	High		Low	Volume
23.0¢	23.0¢		22.0¢	41610
Last updated 11.59am 21/05/2024 ?

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