NVA 14.7% 14.5¢ nova minerals limited

Ann: Trading Halt, page-132

  1. 1,227 Posts.
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    No need to blame, or hit other SH here!
    As some SH here pissed about management, could do what ever they want to do (sell out for example).
    But other SH not the guilty guys here.
    Management need to hear, and drilling alone is not the company maker.
    They MUST consider a early, very early production plan. Otherwise the SP will move nowhere
    The SH tired bout CR's for drilling programs,and as I said, the drilling campaigns make us boring (over years).
    For a strong belief, we need more and I do not mean more shares on register.
    BOD need to come out of the dream to drill till we get a TO offer.
    It seems for me, that could be a plan.
    Otherwise, why not collecting money, or a JV partner to start at starter pit to produce Gold.
    To invest in other companies is a good move, but not the Messias for Estelle.
    Estelle need to finance itself, and the other areas as well.
    I never understand, that companies with a proved high resource, never start production in a small manner first, to financing the rest by them self and not going to market to collect money and spend many more shares for dilusion.
    It seems so easy, but may tooooo easy for some BOD.
    If so, that they collect further money only for drilling, I'm out. It is a fast world, and the time is running.
    So I'm in if they realised that,but I have my doubts.
    .
    unfortunately
    .
    I still strong with the ground, but slowly out about management....
    Drilling, drilling drilling over years makes me tired.
    .
    Best wishes
    .
    BEO
 
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