Research

Disclaimer: All information on this section is of a general nature.
Before making any investment decision, you should consult your adviser.

Havilah Resources (ASX:HAV)

 
Strong demand from Chinese steelmakers, allied to supply disruptions from Brazil and Australia have boosted iron ore prices to a five-year high. While the commodity price hike has, not unexpectedly, supported significant share price gains in the large cap miners – BHP, Rio Tinto, Fortescue - the favourable supply/demand balance has also generated renewed interest in the small cap iron ore space. Havilah Resources, historically positioned as a copper/gold/cobalt exploration and development play, now finds that its long-sidelined iron ore projects (Maldorky and Grants/ Grants Iron Ore Basin (GIOB)), are firmly front and centre on investors’ radar screens
 
17/04/2019 3:00:00 PM

Back to top