NVA 3.23% 16.0¢ nova minerals limited

General Chat, page-4042

  1. 689 Posts.
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    You’re really way off form today Tim.

    Your distorting the facts to suit. 2021 SS was meant to be complete. So it’s on track based on last update Feb (maybe March) 2022. That’s 2-3 months behind schedule.

    FID is generally associated with “decision to mine” not with the PFS as you’ve stated. So this occurs in 2023 or 2024 not 2022 as you’ve stated. The construction as per your slide is 2024. You can’t commence construction before you procure materials. Where does it say in 2023 construction commenced? your own slide says 2024 for “construction to production”

    With respect to timelines blowing out. Not sure it deserves a level of exaggeration. Management have said they’re trying to learn from previous feedback and criticism of managing timelines. Don’t overpromise on dates beyond your control. So you’ll crucify them for not providing accurate dates, but also crucify them for being more realistic. Go figure……
 
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