I beleive the SS will lay out the broad plan for starter pit and production plant and provide ballpark figures for costings to ensure the whole thing is viable. The SS will include some of the recovery test numbers they have been working on too. I don't believe this will include M&I drilling results, just inferred. It's all about showing viability and initial numbers before moving forward.
They will go straight into PFS after SS and further investigate mining plan, production options and costings and any issues which become apparent through the initial SS. The PFS will be completed using M&I JORC as far as i'm aware.
After that completion of BFS using 'JORC Gold Reserves' and then building and then production. Each step eliminates more risk. Each step will see SP gains if successful. Production is a long term gain but SP will be many multiples of current price IMO. On a secondary note, each step will also look more inviting to a major player. They will already be watching but unlikely to pounce until after PFS stage IMO.
IMO, they are already working on PFS by conducting the SS and they are already drilling for M&I.
Then there's RPM and the lithium IPO as additional SP drivers short term. A new resource upgrade may come when assays return too. Assays could accompany SS announcement, depends on timing.
Overall this is my biggest investment and i added last week.
- Forums
- ASX - By Stock
- NVA
- General Chat
General Chat, page-2106
-
- There are more pages in this discussion • 5,785 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NVA (ASX) to my watchlist
(20min delay)
|
|||||
Last
15.5¢ |
Change
0.025(19.2%) |
Mkt cap ! $37.75M |
Open | High | Low | Value | Volume |
14.0¢ | 16.0¢ | 13.5¢ | $20.43K | 141.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 972 | 14.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.5¢ | 12635 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 972 | 0.145 |
1 | 3000 | 0.140 |
2 | 24518 | 0.135 |
3 | 38461 | 0.130 |
1 | 5000 | 0.125 |
Price($) | Vol. | No. |
---|---|---|
0.155 | 12639 | 2 |
0.160 | 6678 | 3 |
0.165 | 30000 | 1 |
0.170 | 35000 | 1 |
0.175 | 50000 | 1 |
Last trade - 13.56pm 13/08/2024 (20 minute delay) ? |
Featured News
NVA (ASX) Chart |
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Steven Gourlay, Managing Director and CEO
Steven Gourlay
Managing Director and CEO
SPONSORED BY The Market Online