NVA 19.2% 15.5¢ nova minerals limited

Ann: Robust Phase 2 Scoping Study for the Estelle Gold Project, page-72

  1. 5,967 Posts.
    lightbulb Created with Sketch. 1461
    @NovaMInerals2

    Would it be right to say:
    - The current level of ore sorters is matched to (or limited by) the M&I resources size, and 6mtpa plant size.
    - If M&I resources was increased significantly (eg. 3.4Moz up to 5Moz), the company has the option to:
    - Increase mill throughput.
    - Or invest in more ore sorters, and dial up the ore sorters to output a higher grade, but still resulting in the same 6mtpa mill throughput?
    - Ore sorting seems to be relatively cheap vs other costs, so I guess the ore sorting is mainly limited by the current level of M&I resources?
    https://hotcopper.com.au/data/attachments/5275/5275283-59b16a2ed0a0101291b09b58b49b05ba.jpg
 
watchlist Created with Sketch. Add NVA (ASX) to my watchlist
(20min delay)
Last
15.5¢
Change
0.025(19.2%)
Mkt cap ! $38.96M
Open High Low Value Volume
14.0¢ 17.5¢ 14.0¢ $57.50K 369.2K

Buyers (Bids)

No. Vol. Price($)
1 5 15.0¢
 

Sellers (Offers)

Price($) Vol. No.
16.5¢ 31194 1
View Market Depth
Last trade - 11.50am 19/08/2024 (20 minute delay) ?
NVA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.