HAV 3.03% 17.0¢ havilah resources limited

Today's BDT:...

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    Today's BDT:

    http://www.havilah-resources.com.au/wp-content/uploads/2017/11/BDT-171122-NPf.pdf

    “CMC  will  become  a  miner  in  its  own  right  if  prefeasibility  studies  of  North  Portia  are  economical, I expect we’ll buy the site from Havilah, although they’ll receive a royalty for the balance of the planned life” - Steve Radford

    North Portia's published JORC resource of 101,000 tonnes of copper, 234,000 ounces of gold and 5.68 million kg of molybdenum have an estimated ISV (in-situ value) of A$1.44bn at current prices.

    Applying the ISV factors used previously, ranging from 2 to 5%, generates estimates for North Portia in the range of A$29m to A$72m (or 15cps to 36cps undiluted).

    DYOR
    Last edited by Guerilla: 22/11/17
 
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