From the glass-half full point of view:
Citi upgrades commodity prices (selected):
Prefers diversified miners (BHP, RIO, S32). Cites a lack of projects.
- Copper to US$3.22/lb (from US$2.91/lb)
- Iron ore to US$64/t (from $53/t)
(Source: Fairfax)
Macquarie Group forecasts Cobalt prices of US$32/lb by 2021 and US$41/lb by 2022.
(Source: Bloomberg)
Re: the above, HAV has Cu, Fe, Co JORC resources. HAV's Copper Growth Strategy lays out a path to becoming a diversified miner with its abundance of projects.
Investor sentiment for HAV is at rock-bottom so investors are not paying for any upside. Its current mkt cap represents an ISV (in situ value) factor of just 0.1%.
DYOR
Ann: Quarterly Activities Report - Period Ending 31 October 2017, page-10
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Last
24.5¢ |
Change
0.010(4.26%) |
Mkt cap ! $77.57M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 24.5¢ | 23.5¢ | $70.82K | 294.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 58681 | 24.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.5¢ | 137807 | 4 |
View Market Depth
| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| HAV (ASX) Chart |