Irishmist "Here's my question: in the current hot market copper for why are they stuck on a market cap of $68M ?"
Great question Irishmist. I am running my ruler over HAV now, as not much left to choose from for an undervalued Copper Play in Australia,.
Plan 1 - Looks like, They are in the process of selling Kalkaroo to fund Mutooroo production.
Plan 2 - Probably will have only around 1.5 million cash left after this quarter, so capital raise will be necessary ?
My quick take on Havilah Resources is, just a guess, quality assets, but you would need at least 200 million on more drilling.
At least a billion for a quality mining operation.
P.S please do your own homework, as I know nothing!
Irishmist "Here's my question: in the current hot market copper...
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Last
21.5¢ |
Change
0.015(7.50%) |
Mkt cap ! $70.42M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 21.5¢ | 21.5¢ | $3.565K | 16.58K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6250 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 5000 | 1 |
View Market Depth
| Last trade - 11.59am 07/10/2024 (20 minute delay) ? |
| HAV (ASX) Chart |