He discusses the Kalkaroo and Mutooroo projects, and the potential for a gold-only start up open pit operation at West Kalkaroo.
He also discusses Havilah's rare earths, iron ore, and more importantly his views on the Company's "illogical" valuation disparity.
Last 3 paragraphs from the interview: "Our success in discovering the periodic table of metals in our patch of ground confuses many investors - is Havilah a gold or a copper or a cobalt or an iron ore Company? A nice problem to have, especially when you have substantial mineral resources of each commodity. The fact is that this diversified mineral portfolio provides investors with good exposure to gold, copper, cobalt and iron ore commodity cycles.
What I can say definitively is that Havilah's current low market capitalization is not due to lack of effort, persistence or thoughtful exploration!
We are optimistic that with renewed interest in low sovereign risk copper and gold projects in mining friendly jurisdictions, and reasonable iron ore prices we may be able to secure major funding or development partners for each of these 3 major projects at the asset level. An executed 'fair value' deal on any one of these 3 major mineral projects would presumably change the market's perception for the better. It should be remembered that low sovereign risk large scale open pit copper-gold development opportunities like Kalkaroo, which have ownership of the land on which the deposit is located, are rare at a time when renewable energy and EVs are adding to the demand for copper, cobalt and REE and with gold breaching US$1,800/oz."
Cheers
These are only my 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 Price at posting:
14.0¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)