PFS, page-27

HarrySub,

As I have said before HAV is a broken stock, not a broken company.

Mr Market won't value Kalkaroo properly until it gets a mining lease and/or the Kalkaroo PFS summary is released.

Great to have multiple JORC mineral resources but zero value from Mr Market for having them just in the ground.

Peer group comparison continues to tell me HAV is significantly undervalued and also represents a low cost entry [price] for me to several high potential IOCG (Jupiter MT), Cobalt (Mutooroo cobalt district) and Fe targets (Grants Iron Ore Basin). AKA the potential 'elephants' in the HAV portfolio.

The 'red' metal and the 'blue' metal, however, continue to represent the future for HAV. I am so excited about the 'electric vehicle' revolution taking place: right commodities, right time and right location!

See also the small mention of Havilah in Wealth in Asia article on Cobalt below:

https://wealthinasia.com/wisdom/investing-in-cobalt/

P.S. Broken stock courtesy of Contango selling HAV shares to 'liquidate' its portfolio last year. See Contango Microcap Limited (ASX: NSC) June 2017 Monthly NTA Statement

Cheers

These are only my random thoughts (IMTLHO, 2018 to be a watershed year) 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 expert