Possibilities: Positive and Negative

With all the politics going on I thought I'd start a thread looking at the possibilities of what could go well for HAV and what could go badly. Then think about the implications of each possibility actually happening. feel free to add and critique.

We'll start with the good possibilities.

1. Mining lease approval for Kalkaroo = continues to de risk and add value to the project.

2. PFS for Kalkaroo completed with good economics for the project =  A real saleable project.

3. North Portia permitting gets completed, submitted and approved = $3mil dollars deposited in HAV account.

4. CMC start removing overburden, begins mining, modifies processing plant and begins processing the top layer of ore. = HAV will begin to receive royalty payments from CMC (not sure how much or how long from approval to payments being made will be? CMC will want to make it happen asap as they will want an income stream as quickly as possible).

5. SIMEC mining sign some sort of deal with HAV regarding Grants Iron Ore project= Could be outright purchase, a partnership or something else. Gupta is shrewd and will want to pay as little as possible but if its a big ore body that has the characteristics they want then it will be a big win for HAV.

6. SIMEC mining not quite ready to sign a deal but they want to continue doing due diligence past JAN 31= $1Mil dollars payed to HAV for exclusivity for another 2 months. Great to see that it was $1mil for only another 2 months, they must think that if they aren't able to make a deal by the end of this month they should be able to figure it out within two more months.

Can't see any positives from Mutooroo in the short term. They need money to drill out the district. Not going to happen in the short term. They haven't been able to secure funding for PFS.

Can't see anything happening with Jupiter. They need money to drill. Haven't been able to find an interested party to foot the bill for drilling.

Things that could go badly:

Pretty much the opposite of the positives plus some extras.

1. No mining lease for Kalkaroo. either delayed and need a load more work or straight out rejection = Project becomes worthless.

2. PFS for Kalkaroo shows borderline economics= Project shelved until metal prices rise enough or project drilled out to make it larger and more economical. either way, massive delays.

3. North Portia falls in a heap for some reason: metallurgical study shows uneconomical project, no approval given, application sent back for more amendments = at best further delays in getting the project going at worst it falls in a heap and HAV gets no more money. Can't see any other company taking it up. Then we're stuck with a loan from Invested that we can't pay for.

4. CMC pull out for some reason = no more money for HAV

5. SIMEC Mining decide not to progress any further with Grants = We got a few more drill holes dug and proved that we have more ore at Grants. But it will go back on the shelf and wait for the next Iron Ore boom.

6. Tax man decides that HAV stuffed up and does owe that money.= more draining from our already small cashflow

7. I think HAV needs to do a certain amount of drilling on its tenements every year or two. If They Don't do it then they have to give up some of their prospective ground.

The negatives of having no cash will stop any progress on projects. 

-A Lot hinges on North Portia going well (that will mean we can keep progressing slowly on other projects)

-A sale or partnership with Kalkaroo is a game changer

-And of course, Grants and SIMEC mining is a possible game changer too.

Thoughts?

Justhavinago