HAV havilah resources limited

Well spotted! 570,000 tonnes was at 30 April 2018. To HAV's...

  1. 2,650 Posts.
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    Well spotted!

    570,000 tonnes was at 30 April 2018. To HAV's detriment, CMC shut-down the mine in August 2018, so that tailings tonnage would probably be higher by then. Was the shut-down part of Radford's cunning plan all along?

    Adding to your calculations, Gold Tailing Revenues 570kt @ A$1785/oz (100% basis):
    LOW 0.21g/t = A$7.6M
    MID 1.06g/t = A$38.4M
    HIGH 1.91g/t = A$69.3M


    Explains where the balance of the gold from the JORC resource is sitting: the tailings.

    Beggars belief that Stewart and Richards effectively gave away this valuable asset for a paltry 2% royalty.

    HAV shareholders deserve better!

    DYOR
 
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Last
18.5¢
Change
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Mkt cap ! $62.76M
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