9.4Moz @ 0.7g/t AuEQ
9.9Moz @ 0.3g/t (rounded up from 0.28g/t, by my calculations) (no byproducts listed)
Similar Oz volume, but 0.7g/t (inc. byproducts) vs 0.28g/t (no byproducts listed).
Although, USGO includes underground resources. Excluding those, so a proper open pit only comparison:
8.1Moz @ 0.65g/t (AuEq)
vs
9.9Moz @ 0.28g/t (Au only. No byproducts listed)
NVA is a little larger, but USGO has more than double the grade. I don't know if they've calculated a NPV for a clear comparison. I assume USGO would come in higher eg. no CAPEX necessary for sorters, but maybe higher CAPEX for byproducts.
So I find it deceptive for NVA to give USGO a cross in the table for 'world class drill results'. At least list their average grade, to give a fair comparison.
And it hardly hurts to cross-promote the competition in the immediate district. They're practically partners, with a shared airfield and I assume some shared expertise/knowledge.
General Chat, page-6555
-
- There are more pages in this discussion • 1,146 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NVA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
20.0¢ |
Change
0.005(2.56%) |
Mkt cap ! $43.01M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.0¢ | 19.5¢ | $19.34K | 99.16K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 83135 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 295 | 1 |
View Market Depth
| Last trade - 15.58pm 21/06/2024 (20 minute delay) ? |
| NVA (ASX) Chart |