Totally different cases now (I would argue that pre MRE they were more comparible), mainly from NPV side but also other elements are diff.
DEG already had a big NPV at Scoping Study Phase.
Only if NVA can find highergrade (> 0.7g) to include in production post Y1 we can get much higher NPV. NVA needs to add higher grade to lower AISC post Y1. Currently too high to compete. Unclear why ore sorting is not used to higher grade. Maybe not usable after all CG? @NovaMInerals2: we are waiting for your input!
Should NVA be valued more now? Is it worth 33 times less than DEG? Probably not. And with a good PFS I think NVA can possibly go to 1.5 bln MC. But trust needs to be rebuild and we need higher grade additions.
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