NVA 20.0% 18.0¢ nova minerals limited

Ann: Korbel Interim Gold Mineral Resource increases to 3.3Moz, page-273

  1. 611 Posts.
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    I can’t understand price decline guys can I get an opinion. I’m probably a mile off here but could the grade reduction have anything to do with it. I mean 2.5 at .44 g/t became 3.3 at .4 g/t. Also (sorry for being so annoying) bit the heap leach method when they say 76% recovery does that mean if the resource is 1 m ounces you can only recover 750k?? Sorry guys just some things I’m trying to get my head around.
 
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