Not on the back-burner. Intent is the NVA will have a majority holding of the TSX-V listed entity.
Lithium still very firmly part of their strategy. The project should theoretically get a better valuation on the TSX-V where microcap lithium sentiment is better.
It’s just that gold is a very big part of their portfolio. Officer Hill is somewhat accidental. It was a sleeper asset in the Quantum Resources shell company that Nova Minerals morphed out of.
Big plus with the Lithium project for NVA is cashflow upside in a 2-3 year timeframe. If they push it hard it could be commissioning by end of 2020 but 2021 is more realistic.
Ann: Investor Presentation - Nova Positioned for Growth, page-9
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