‘The Board is committed to monetising the Kalkaroo Project for a...

‘The Board is committed to monetising the Kalkaroo Project for a fair consideration. To his end we have engaged Deutsche Bank to assist the Board in a sale process. We have already received interest from several parties.’ – HAV Chairman, 20 December 2023

If the intention is to assign the Kalkaroo Call Option (KCO) to one of these ‘several parties’, as some on here have suggested, they’d better get a move on as the KCO expires in 100 days.

Despite all the work undertaken with BHP/OZL funding, HAV’s current SP is 1c lower than when the KCO was first announced, suggesting the market is giving the possibility of a KCO assignment and exercise no chance.

Unless something happens that surprises the market beforehand, we will likely need to wait until the next quarterly report in February for any update.

GLTAH

DYOR