Healios KK Ord Shs HLOSF

RE: Cash injection No dilution

[The300]

Hi Wayne,

I mirror your sentiments.

Halo struck a great deal for the NSR.  It would have taken us approx. 3 years from now to realize $1,200,000 in royalties. 

I think that Halo has one of the best untold stories out there right now.

By my estimates, Halo has approx. $5 to $5.4 million in cash with a market cap of approx. $12 million.  That leaves a valuation of approx. $7 million for all of Halo's projects and jv's.  I personally think the company is undervalued with the assets they have in mining friendly Manitoba and with production potentially just a few months away.

Unfortunately, the valuation of a public company has more to do with perception than fundamentals. 

Going back to your statement of what "people are finding wrong with this company", it is more of an issue with "people finding this company".  The fundamentals are sound, but we have a very limited audience, with even less engagement, so good news tends to have very little effect.

A little marketing would go a long way with this type of story.

As always, the above is IMHO.

Regards,

The 300