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15.5¢ nova minerals limited

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MoonRocket

2,014 Posts.

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26/10/21

11:49

Post #: 57075681
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Originally posted by thecrabpest: ↑

I think you need a bit of context here.

The company has missed several key deadlines, and while there are some justified reasons for some of the slippage, others not so much.

In relation to Snow Lake IPO, the CEO is on record in multiple interviews saying details of the IPO are "days away" and he re-iterated it several times despite what appears to being given the opportunity by the interviewers to self moderate that expectation.

That was almost 4 weeks ago, and fast approaching a month.

I guess "28 days" is still "days".

In relation the the maiden resource estimate for RPM, the final assays only came back 2 weeks ago, so it could be "days", "weeks" or "months". No one knows, and because of the example above with the Snow Lake IPO timelines, many people don't put much weight in what the CEO says when it comes to timelines.

The unfortunate thing is all the good work is undone by a few missed deadlines, and being enthusiastic is great, but being measured and realistic is much better.

Under promise, over deliver. Not the other way around.

So, in short, to answer your question: "we have no idea".

Expand

thanks for the detailed response mate, appreciate the time you took in responding.

hopefully things get moving.

NVA Price at posting: 15.0¢ Sentiment: Buy Disclosure: Not Held
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General Chat, page-3285

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Buxton projects new graphite province discovery at WA Narryer play

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

BCI reaches close of funding facility for salt-first part of Mardie project

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

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General Chat, page-3285

Top Stories

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Buxton projects new graphite province discovery at WA Narryer play

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

BCI reaches close of funding facility for salt-first part of Mardie project

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Featured News

Buyers (Bids)

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