' My Oh My ' how undervalued is NVA at present.Net Equity $113...

' My Oh My ' how undervalued is NVA at present.
Net Equity $113 mil which equates to 53cents per share.. ( SOI 210.9 million )

The 9.9 mil oz Gold Resource value at exploration cost $81mil is included.

I did hold/trade earlier days but when ' shorting shares ' became the vogue (may I say the vogue for companies with a future) I moved on.
With a SP of 26cents today the shorters are certainly suppressing the share price . A drop of 2cents today should've been the other way round ,
with that balance sheet , mind you good news usually activates the shorters ' bot '
Looking at todays....... Course Of Sales nearly all were sold into. No Buyers.

Looks to me that the SP wont be doing much until producer status gets nearer. Of course that means Capital so I will stay out till that is
discussed .

A market cap of $55mil is petty cash to the big gold producers of the world , and Nova being district scale , could be a steal for one of them.
so maybe I should get in now. ?

all IMO