HAV 2.50% 19.5¢ havilah resources limited

Morning Guys,This really has me scratching my head and as always...

  1. JID
    3,676 Posts.
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    Morning Guys,

    This really has me scratching my head and as always I am keen to hear others views.

    I can't work out why HAV and their Cu-Au projects are languishing, both in terms of the SP (discount to NPV) and that the project(s) remain undeveloped.

    By reference, I am a shareholder in MLX, and they were able to sell their historically troubled Nifty mine and surrounding package to CYM recently, for a very reasonable A$60m.

    The gold sector WAS and the Cu sector IS hot right now so there would be a lot of interest from partners / funders / predators, over the past 12 months, surely.

    At what point does someone like SFR or maybe even a mid-tier Aussie gold producer simply lob a TO offer in ??

    I'm wondering if there is something technical that I am missing.

    Cheers
    John
 
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