NVA 12.0% 28.0¢ nova minerals limited

Crux Investor NVA Interview, page-16

  1. 11,249 Posts.
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    Seems realistic based on my analysis.

    Simplistic way of looking at it also. Double the resource and we double the share price, so if we get to 6.6 Moz then share price moves to $0.39.

    The wild card could be the gold market. I don't expect much downside risk to gold at the moment but things could really heat up for juniors if gold moves to USD $2500+ in that timeframe.

    I think Nova will continue drilling other prospects (RPM, Shoeshine) in 2022, 2023 with drill spend focused on feasibility Korbel in late 2021 and 2022.

    Screen Shot 2020-10-24 at 11.32.31 am.png
 
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