"using existing resources" [IMG] Some scenarios come to mind: A)...

"using existing resources"



Some scenarios come to mind:

A) Does this mean Mr Gupta won't need HAV's Grants / Maldorky Fe resources nor the potential Fe resource at Grants Iron Ore Basin?

Yet Clark888's analysis indicates that Mr Gupta will need additional iron ore to increase capacity. See 1st post on this thread.

B) In his mind, is Mr Gupta already factoring in Grants / Maldorky resources and/or the potential resource at Grants Iron Ore Basin, thinking he could acquire them at a modest price?

Yet Clark888's analysis indicates each of these assets could fetch multiples of HAV's current Mkt Cap. See Post #: 35867627 and Post#: 36044627

Given media speculation on Mr Gupta's funding, can he afford such prices? With a relatively low Mkt cap of ~ $40m, does the market feel the same way?

C) Is Mr Gupta bluffing and looking to mount an opportunistic takeover of HAV without alerting the market?

With the top 20 shareholders controlling 58% of the register, it seems Mr Gupta would be hard pressed to obtain control with an opportunistic bid.

The 'big reveal' on Dec 6 may provide some clarity. Until then, it's a guessing game.

DYOR