NVA 2.70% 19.0¢ nova minerals limited

General Chat, page-6148

  1. 457 Posts.
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    We should have enough cash for another season of drilling but they won't let the coffers run dry before topping up. If history has taught me anything, despite some of the "rants" here, capital raises before results has been a sign that the results will disappoint, hence raising before bad news.
    If results are going to be promising, then they'll raise off the back of positive news. The current share price is an absolute shocker, so I guess it comes down to this seasons drilling. Hopefully we get some decent hits above 0.73g/t.
    Personally, I don't see the share price moving back where it was unless we can get to 2moz+ M&I at about 0.8g/t or better.
    Hopefully they can "link" RPM North and South and find some thick veins.
    Hopefully Train is a success. Train & Trumpet look like mountain peaks and will likely be limited to fan drills off a couple pads like RPM

    I think if Donlin ever kicks off, it may be a catalyst for a re-rate of all Alaskan goldies.

    I'm sitting in AUT as well, which feels very similar to NVA, with shares also at lows.
 
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