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Havilah Resources Limited ( (AU:HAV) ) just unveiled an announcement.
Havilah Resources has called a general meeting on 6 February 2026 for shareholders to vote on a proposed transaction under which Sandfire Resources would acquire an 80% interest in Havilah’s Kalkaroo copper-gold-cobalt project via a two-stage deal worth up to A$210 million, combined with a A$30 million regional exploration commitment in the Curnamona Province. The board, which unanimously supports the deal in the absence of a superior proposal, argues the partnership will deliver immediate financial return, de-risk the development of Kalkaroo, fund growth across Havilah’s broader project portfolio without diluting shareholders, and position the company to benefit from Sandfire’s technical and financial resources while retaining a 20% stake and potential future upside.
The most recent analyst rating on (AU:HAV) stock is a Hold with a A$0.60 price target. To see the full list of analyst forecasts on Havilah Resources Limited stock, see the AU:HAV Stock Forecast page.
More about Havilah Resources Limited
Havilah Resources Limited is an Australian mineral exploration and development company focused on a multi-commodity portfolio in South Australia, with key assets including the Kalkaroo copper-gold-cobalt project and extensive tenement holdings in the Curnamona Province. The company seeks to unlock value from its copper and related mineral resources through strategic partnerships and disciplined capital management, while maintaining its existing board and management structure.
Average Trading Volume: 614,680
Technical Sentiment Signal: Buy
Current Market Cap: A$209.4M
Find detailed analytics on HAV stock on TipRanks’ Stock Analysis page.