Couldn't agree more Clark888 re selling Kalkaroo for fair value.
No point hanging out for an extra 10% only to get diluted by another 20%.
They had offers last time they put the for sale sign up on Kalkaroo that were, from memory, substantially more than the market cap at that time. Since then, we have probably doubled the number of shares on issue but I suspect the amount being offered is not double what it was before.
Perhaps if you have some spare time, go back and work out how many shares (or percentage ownership) Giles had when he knocked back the last offer, how much extra he has kicked in buying more shares, how many shares (or percentage) he has now and how much better off he would have been if he sold Kalkaroo back then. And forward that to him to get his mind thinking about what he can do with the cash from a sale.
I really don't care if we sell Kalkaroo a little on the cheap side.
But I'd like to see HAV have some cash to drill out the rest of Mutooroo and explore Jupiter - and I think Giles would like that too.
He just needs to come to terms with the real value of Kalkaroo and get a deal done.
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