NVA 3.70% 13.0¢ nova minerals limited

Ann: Nova Minerals Limited Retraction of In Ground Valuation, page-12

  1. 5,914 Posts.
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    He was interviewing like the company is listed on a penny-stock market with little regulation - mentioning 'in ground value' for the measured portion of RPM, from memory.

    But this doesn't affect the company other than being a bit unprofessional. At the time, I already pointed out that mentioning IGV is unrealistic hype. It feels like he might be more used to US/CA stock markets more than ASX.


    As EggHunter said, IRR and NPV still matter. IGV does not - that's a hype number. Nothing has changed other than the mere mention of IGV.
 
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