NVA 6.82% 20.5¢ nova minerals limited

Ann: Positive Metallurgical Results Further Defines Flowsheet, page-15

  1. 2,156 Posts.
    lightbulb Created with Sketch. 292
    With Gold systems it doesn't matter how much gold is in the ground if you cannot easily recover it.
    -There are a number of Gold systems out there that only get 80% recovery rates, and need massive amounts of processing (and thus cost or dangerous chemicals) to extract any more than that.

    So this announcement is saying that they can recover 95% and 92% of the gold using either a Float or Leach system.
    Both of these systems are cheap and simple.

    Meaning that it will Increase the amount of physical gold recoverable, and Decrease the cost to do so.

    so definitely a positive result, because it significantly increases the likelihood of NVA switching from an Explorer to a Producer!!

 
watchlist Created with Sketch. Add NVA (ASX) to my watchlist
(20min delay)
Last
20.5¢
Change
-0.015(6.82%)
Mkt cap ! $44.08M
Open High Low Value Volume
21.0¢ 21.0¢ 19.5¢ $8.718K 42.01K

Buyers (Bids)

No. Vol. Price($)
3 39956 19.5¢
 

Sellers (Offers)

Price($) Vol. No.
20.5¢ 8317 1
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
NVA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.