NVA 10.0% 22.0¢ nova minerals limited

Ann: Placement Repriced Up and Company Update, page-118

  1. 11,249 Posts.
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    IMO the company will only be able to manage a small number of development projects successfully.

    Better strategy is to focus on no more than a few projects with active development. Otherwise we will find that there will be massive dilution from using shareholder funds to try and develop too many projects too quickly.

    Once a cashcow project has been developed that will provide sustainable cashflow, the other projects can be more actively pursued. Payback periods for the initial projects also need to be consider.
 
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