NVA 0.00% 15.0¢ nova minerals limited

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    DYOR. Analysis is not intended as financial advice.
    So a reserve of 3 Moz to 4 Moz puts us in this ballpark for in-production from a "starter pit". I think 12 year mine life is reasonable for a "starter pit". That's the mine life the Gold Road Started with. They will have plenty of ounces elsewhere to expand mine life.

    Estimates are at a conservative USD $1,800 per ounce gold, which is USD $100 less than the current gold price ( gold could easily be over $2,500 by the time they start producing ).

    This estimate does not value the ounces outside of the starter pit and hence NVA's scope for significant growth.


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