NVA 3.57% 13.5¢ nova minerals limited

Ann: Nova Majority owned Snow Lake Resources Prices IPO, page-205

  1. 100 Posts.
    lightbulb Created with Sketch. 221
    Amazingnews!

    For all those that are new here. . .
    Post SLR IPO, NVA'sshare of SLR is now worth AUD ~$170M .
    NVA's current market cap is AUD ~$270M .

    So for a total of AUD ~$100M we have:
    + 4.7 Moz inferred at korbel main (thelimits of which haven't been found)
    + 10,000m of assays pending for Korbel main
    + Korbel Main resource update EOY (to both grow resource and upgrade portion toM&I)
    + 1.5 Moz inferred maiden resource at RPM North (after drilling only a handfulof holes including one of the best gold intercepts worldwide in the pastdecade)
    + North American exposure that comes with SLR IPO (Better understanding ofIRGS)
    + scoping study (ready to plug and play post Korbel main update)
    + RPM south to come in 2022 (expected to be larger than RPM North)
    + untapped gold at Train & Shoeshine prospects
    + untapped polymetallic system at Stoney prospect
    + NVA's 9.9% share of RotorX
    + NVA's 11.65% share of TNR
    + lithium booming
    + gold pushing $1850

    According to Wombat777's peer analysis (Post #: 57725165 ), without NVA's shareof SLR, we should have a market cap of at least AUD $520 M (sp of$0.29).
    Once you add NVA's share of SLR (additional $0.096) we are looking at a base sp of~$0.386 which is 149% higher than current sp of $0.155.

    Incredible buyingopportunity.

    DYOR. This analysis is not intended as financial advice.
    Last edited by sagisagi: 22/11/21
 
watchlist Created with Sketch. Add NVA (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.