NVA 2.70% 19.0¢ nova minerals limited

Re: NVA $1.00 SP 2021, page-317

  1. 287 Posts.
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    "pandemic ?" yes, delays
    "gold price ?" yes, in a down trend
    "CEO not delivering on promises made?" Rigs are going, samples at labs, he's doing just fine.
    "delayed SS?" Was the right decision on available information at the time, refer point 1.
    "a share buy back - as an explorer WTF?????" strategic, well executed, current raise would have been at lower price without it.
    "selling cheap shares to mates on the weekend?" Sure if you see a glass as being half empty, they also raised enough capital to meet their upcoming plans without going broke. Also you can buy more on market for less than mates rates too!
    weak retail hands selling? Majority shares are retail held, thats natural
    "people criticizing NVA on HC ?" LOL, like that will make a difference to the price!
    "investing in helicopters? I was 9 years old once too" It was a loan for a strategic asset that they require to run their operation, hell they might even make money off it going forward...yeah terrible decision...
 
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