HAV 7.50% 21.5¢ havilah resources limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-2

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    " The Kalkaroo copper-gold-cobalt project (Kalkaroo Project) reverted 100% unencumbered to Havilah after
    BHP Group Limited (ASX: BHP) advised that it would not exercise the Kalkaroo Call Option.

    • Havilah engaged Deutsche Bank to assist in finding a new partner to replace BHP in the Kalkaroo
    agreements."

    The project was worth $205Million for OZL and potentially more before. How much would a new bidder pay for it now?

    Decades for drilling and project planning and the company market capt is $44M ?

    Market truely doesn't care about developers.

    Question is would someone pay $205Million for the project or make a bid for the whole company?
 
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