HAV havilah resources limited

I had the craps with CMC for a while but then I watched Radford...

  1. 299 Posts.
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    I had the craps with CMC for a while but then I watched Radford speak at the AGM and I think he had some valid points.

    They agreed to do all the overburden removal and then to deliver the ore to the rom pad. For that they were promised half of the gold. From memory it was to be Approx $40 mil each. Needless to say neither HAV or CMC got that much. I wonder whether he made any money out of the Portia deal at all. I know i'd be pretty peeved if I worked for $40mil and received maybe half of that.


    Now we've got a North Portia deal. An unprofitable mine is no good to CMC or HAV. The more money they can make the better for everyone. The North Portia $14mil is our only income in the foreseeable future.  We need it to progress Kalkaroo and Mutooroo. 


    That said, it would be nice to hear that permit application work is done and submitted. 


    On a seperate topic I would have thought that the drill assays from Grants would be completed by the lab by now.

 
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