Concern, page-10

'sub 10c and counting'

With bids totaling just ~ 73K bid before the 'support' at 8c, you may be onto something.

The market has as little confidence in HAV's leadership as you've expressed. Yet the Shareholder with the most to lose stands by his personally hand-picked leadership group. At 15c ps, Dr Giles' entire ~ 42 million HAV share stake is valued at ~ $6.3 million; that's ~ $1.4 million less than the ~ 17.3 million he bought off-market in 2016 for ~ $7.7 million.

Despite the strengthening macro environment in HAV's core mineral JORC resources, Cu-Au-Fe, HAV's SP languishes under 20cents.The way things have turned pear-shaped so fast, IMO there are only a couple of ways out but time is not on our side:

1. M&A: TO or Merger with a suitable partner, at fair and reasonable value.

2. Another EGM before any new deal is completed so that the market and Shareholders can at least have some confidence and trust that those in leadership are acting in ALL HAV Shareholders' best interests.

Dr Giles' stubbornness is costing him dearly. Other Shareholders continue to be collateral damage. With so much potential in HAV's resources and tenements, as a HAV Shareholder, it's distressing to watch that be destroyed by Dr Giles and his band of brothers.

DYOR