NVA 12.2% 21.5¢ nova minerals limited

Ann: Geophysics confirms extension of RPM high-grade gold deposit, page-50

  1. 752 Posts.
    lightbulb Created with Sketch. 189
    Investors aren't stupid.

    Investors know what open pit mining is.

    You make it as though only you know what bulk mining is.

    Project as been around for a awhile.

    Just about every broker and resource fund has come across NVA.

    There is a reason why the SP is where it is and has nothing to with laziness or being unfamiliar.

    Has everything to do with current valuations and the requirement for additional cap raises to progress the project.

    By the time/If estelle gets into production the SOI will likely have doubled so any current valuation now needs to factor in future dilution.

    Instead you want to fool readers into thinking there won't be future dilution and that assume current valuations now will never be diluted in the future.

    There is a reason why over the past week insto brokers are still dumping and the usual mom and dad folks on commsec & nab trade are the main buyers


 
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21.5¢
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Mkt cap ! $46.23M
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23.5¢ 23.5¢ 18.5¢ $20.30K 98.15K

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1 9999 21.5¢
 

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Price($) Vol. No.
24.0¢ 3300 1
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