NVA 4.76% 22.0¢ nova minerals limited

Ann: Korbel Gold Project Starter Pit Scoping Study, page-354

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    I think maybe they should use a professional moderator for these investor updates and put a cap on time. There was unfortunately a lot of repetition in terms of answering the same question multiple times (perhaps also some attendees arriving to the zoom late and asking questions already answered).

    At least the CAPEX shock we have had covers processing for RPM ultimately to be confirmed by test work. It's then just the CAPEX for transport of material by slurry pipeline plus crushing and equipment to support this (with the fallback being trucking of potentially uncrushed ore).

    Earlier today I overlaid the resource model from the December resource update on the conceptual starter operation layout provided in the Scoping Study.

    Screen Shot 2022-03-02 at 10.38.58 am.png
    Last edited by wombat777: 02/03/22
 
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