28th November 2025:

https://www.youtube.com/watch?v=i3LvvWqLMdY

CHAPTER TIMESTAMPS

• 0:00 – Intro & Guest Welcome
• 4:10 – The HAV Story Begins
• 6:50 – Early Impressions & First Encounters
• 10:00 – The Oz Minerals Deal
• 13:00 – BHP Takeover & Asset Uncertainty
• 16:30 – Investment Approaches & Management
• 20:00 – The Sandfire Deal Explained
• 24:00 – Share Registry & Bob Johnson
• 27:00 – South Australia Copper Potential
• 30:00 – Deal Valuation & Market Reaction
• 34:00 – Risks & Technical Challenges
• 37:00 – Sizing the Investment
• 40:10 – Final Thoughts
• 43:14 - What's the next HAV?

DISCLAIMER

All information in this podcast is for education and entertainment purposes only and is of general nature only. The hosts of Money of Mine are not financial professionals. Money of Mine and our contributors are not aware of your personal financial circumstances. Before making any investment decision, you should consult a licensed financial, legal or tax professional. Money of Mine doesn’t operate under an Australian financial services licence and relies on the exemption available under the Corporations Act 2001 (Cth) in respect of any information or advice given. MoM strive to ensure the accuracy of the information contained in this podcast but we don’t make any representation or warranty that it’s accurate or up to date. Any views expressed by the hosts of Money of Mine are their opinions only and may contain forward-looking statements that may not eventuate. Please read the full Disclaimer here: https://www.moneyofmine.com/privacy-p...

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Disc: Trav, JD and Kav all hold. Bear77 does not hold HAV. My copper developer play is FFM (held in my SMSF, 2.5%).

https://www.havilah-resources.com.au/

https://fireflymetals.com.au/

That pod above is all about HAV, not at all about FFM, but FFM is my personal preference, however FFM is developing a copper-gold project in Canada; HAV are trying to develop - now with the help of SFR - a copper project in South Australia, much closer to home.

29-7-2020:  Kalkaroo Project Planning Update

HIGHLIGHTS

• Havilah plans to focus on the feasibility of developing the gold-only start up open pit at West Kalkaroo, that will initially target shallower oxidised gold resources.
• Infill drilling at 25 metre x 25 metre spacing over the last 4 months within the planned open pit shell has delivered a high degree of confidence in the gold resource.
• Directors consider this gold-only strategy is more likely to attract financing for West Kalkaroo and will in turn enhance the future development prospects of the much larger Kalkaroo copper-gold sulphide mining project.
• Havilah technical personnel are currently focused on advancing the final Kalkaroo environmental approvals along with obtaining capex and opex estimates for the gold-only start up open pit.
• The value of Kalkaroo on a NPV7.5% basis has risen considerably in AUD terms over the last 12 months, largely due to the increased long-term forecast USD gold price.
• Kalkaroo is considered to be at the lower risk end from a COVID-19 pandemic and sovereign risk perspective, which should assist its future development prospects.

--- click on link above for the full announcement ---

[I hold HAV shares]

21 June 2019:  http://www.stateone.com.au/Download/Download?file=HAV_20180621.pdf&downloadType=PUBLICATIONS

That's the latest update to clients from State One Stockbroking on Havilah Resources (ASX:HAV) regarding their Kalkaroo Project PFS (pre-feasibility study).  

HAV is certainly a high risk speculative "investment" (read: gamble).  State One have a 21 cent price target for them and a "Speculative Buy" call.  HAV closed at 13.5c yesterday, so the upside implied in State One's PT for HAV is 55%, but you need that sort of upside potential from a company that could easily go to $0.

Disclosure:  I have a small HAV holding.