Ann: Trading Halt, page-12

1 - We have a team that are more comfortable in high vis and steel toe caps than suits, that includes the chairman that is apparently up at Mt Coolon rolling up his sleeves. This is rare guys.

2 - They have said they plan to grow organically and by acquisition, with very little subtlety as to the options re acquisition:




Of the two "other regional resources" flagged by GBM, they have said that they are continuing to pursue available avenues re Twin Hills. Twin Hills from past reading has a very juicy underground high grade zone that has not been mined and substantial existing underground development. Not familiar with Yandan East.

Then over in South Australia, White Dam, this image was a bit of a tell from the resource announcement:


Very subtle!

Havilah may decide that the least dilutive and shareholder friendly method to get Kalkaroo up and running is to JV. Kalkaroo has around 20 million tonnes of oxide gold in the "oxide gold cap" in the Measured + Indicated category. They may be considering the merits of an initial oxide gold project to fund the eventual copper mine.

@Clark888 Hasn't escaped my attention that you posted on GBZ Looks like a win win to me.

So the potential deals are already clear - Yandan or Twin Hills at Mt Coolon / QLD. Or more speculatively Kalkaroo at White Dam / SA.

It's also very positive to see they are bringing in fresh capital. I like to see successive raises at higher share prices, this is the oxygen.

In the background we have the hunt for another Fosterville at Malmbsury in JV with Novo, which at any point will come screaming into the foreground.

Then Mt Morgan which is a beast of its own, a sole focus for any other normal junior.