NVA 6.82% 20.5¢ nova minerals limited

Ann: CEO Letter to Shareholders, page-42

  1. 1,178 Posts.
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    I must say I'm extremely excited by this update, I've been in QUR/NVA since the middle of 2017 and what attracted me was the Thompson Bros lithium project more so then the alumina project.
    Through the years it's be a hell of a ride through the lithium boom and then decline, the addition of gold, the last gold bull rush and then the re emerging lithium sector. Some sleepless nights whilst holding strong throughout watching the super account go from healthy to probably less then a 20 yr old who has pushed trolleys.
    I made note about the big cap raise hopefully being required to sling a bit of cash into the PEA/PFS and PFS drilling of Thompson Bros and remember Chris mentioning this in one of the more recent interviews he has done.
    This could really set NVA up to be able to grow our resource from the 3.3moz to upwards of 10moz and beyond without having to constantly raise more capital, or having to issue significantly less shares to do so. Whilst Thompson Bros is still some time to production, being able to firm up the asset and get deals in place will ensure it becomes valued for the profitable asset it is.
    Thanks again to all that contribute to this forum, the details assessments that @wombat777 contributes and also the trolls. I've learnt the hard way to never put a troll on ignore, whenever one pops up it makes me re evaluate my investment and in doing so I learn more about the company each time.
    Here's to the next re rate

 
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