HAV 5.56% 19.0¢ havilah resources limited

@Clark888 @Wurlitch ICYMI [MEDIA] Duration: 3m 21s Q4/24...

  1. 2,583 Posts.
    lightbulb Created with Sketch. 908
    @Clark888 @Wurlitch

    ICYMI



    Duration: 3m 21s

    Q4/24 Extracts

    "Significant Events for the Quarter
    Discussions advanced with various parties for the divestment of the Kalkaroo copper-gold-cobalt project (Kalkaroo)

    A. Kalkaroo Copper-Gold-Cobalt Project (Kalkaroo)
    Havilah engaged Deutsche Bank to seek parties who could replace BHP Group Limited under similar terms to that originally agreed with OZ Minerals Limited. At the end of the quarter Havilah was engaged with several interested parties, including conducting a number of due diligence site visits to Kalkaroo. The outcome of these discussions is as yet undetermined, but the Board remains optimistic of attracting a purchaser on acceptable terms, given the current interest in advanced copper projects in Australia."


    IMO HAV's current MC is less than the fair value of Mutooroo, implying the market is attributing $Nil to Kalkaroo- a project for which OZL was prepared to pay up to $405 million if the call option was exercised- and HAV's other assets.


    It ain’t over until the fat lady sings.

    DYOR
 
watchlist Created with Sketch. Add HAV (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.