Ann: SIMEC Commences Due Diligence on Havilah's Iron Ore Projects, page-47

"Project development consultants from @SIMECMining have been on site this week, diligently inspecting the Maldorky iron ore project site layout, as well as project logistics with #HavilahResources Technical Director, Dr. Chris Giles"

It is interesting to re-look at this 2016 Maldorky Iron Ore Project presentation, particularly with respect to the 'transport route':

https://www.asx.com.au/asxpdf/20160512/pdf/43768kvz9kz2zm.pdf


Two things have changed in Havilah’s world that may in the end justify HAV shareholder patience with our iron ore deposits:

1. The improved iron ore prices, that I expect will remain for a while; and

2. Mr Gupta coming to South Australia and taking control of a port and associated infrastructure at Whyalla, with visions to use all of the products that HAV can mine.

The latter solves Havilah’s iron ore logistics problem - rail, port, land, labour and political clout.

HAV is a one-stop supply chain for Mr Gupta: Kalkaroo (Cu-Co-Mo), MutoorooCobalt District(Cu-Co) and Grants/Maldorky(Fe).

Cheers

These are only my random thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts.

HAV fan boy: still drinking the Kool-Aid