Merger candidate?
Magnetite iron ore miner GRR could be a merger candidate for diversified explorer HAV. ~ 1/2 HAV's current JORC resource ISV is represented by iron ore.
Some rough calculations:
Notes:
1. HAV ISV excludes GIB and Lilydale.
2. Sources for financials: GRR FY17 accounts & Dec 2018 quarterly; HAV FY18 accounts, cash estimate.
Another option for HAV leadership to consider...
'You can lead a horse to water but you can't make him drink'.
DYOR
Ann: Grants Iron Ore Basin Discovery Confirmed, page-34
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Last
22.0¢ |
Change
0.010(4.76%) |
Mkt cap ! $58.57M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 22.0¢ | 21.0¢ | $36.43K | 170.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25059 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 107100 | 5 |
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| Last trade - 12.32pm 04/12/2024 (20 minute delay) ? |
| HAV (ASX) Chart |
