On the video from the RIU Resources 29 September 2016 Havilah Investor Presentation in Melbourne, that was posted on Havilah's YouTube channel, at the 16:33 minute mark you can hear Dr Giles clearly state:
"We want to expand the Portia resource base so that it ends up a decade long mine and not an 18 month mine"
A decade!!
For all HAV stakeholders, a 10 year mine life at Portia would be fantastic.
Reminder: Preliminary estimates indicate that the potential volume of mineralised bedrock material at Portia is of the order of 8 million tonnes of as yet uncertain grade, lying immediately beneath the Base of Tertiary (BOT) mineralisation. (Source: ASX release 9 August 2006)
Cheers
These are only my random 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 expert
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