NVA 3.57% 13.5¢ nova minerals limited

Snow Lake website is Up : seems ipo is getting closet, page-17

  1. 1,581 Posts.
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    Thanks. So Nova owns 74% of Snowflake with a $160m valuation on Snowflake at the mid point. Then 74% of Nova mkt cap of $250m or 74% of Nova share price equals $180m or 10.75c per share…..If Snowflake listed at a 50% premium that equals $250m or basically the current share price of 14.5c per NVA share Omg. That means your are getting all of NVA gold assets for free. That is crazy. I am going shopping in the morning…big time thanks Wot.
 
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