RE: Deal or no deal?20 May 2020 09:16
Hey Max, nice post. I must admit, the only thing holding me back from believing any deal will only be for HAV is this!
Hannam valued the rest of us at a paltry 50m, fair enough much is unproven, but we do have good results at BH/Firetower etc. So the only time I think we may get an early offer from NC is if they are going to take us out as a whole company. Now if I was NCM, I would want to do that before a drill goes into scally or results are released, if I was GH, I would want to do it after this drill as for me the only way is up, even if we missed with the drill, we would prob still commence hannam 50m, so nothing to lose, the key here for me which is being repeated by othr explorers in the area is that everyone things out tenique and pilot for finding targets works, and that Hav has a magnetic signiture, hence the patterson targets similarities to Hav perhaps having a little more credence than a normal drilling target, we have proven success with this method and some copy cat licences in the area.
I tend to agree that the recent news is positioning for a buy out, but I am starting to think that may be for all of us and not just Hav,, slowly coming around to this thinking, but if I allow myself too, then surely its got to be at MRE and ideally before we have any scally results.