they clearly need to do alot more to derisk, but given its a pretty bad bear market for gold small caps, spending to de-risk most likely won't result in improved SP.
loot at what MEI were able to do by pivoting to another mineral.
imo best NVA and all other gold small caps cease work and park their assets and just wait for improves market conditions. wait for when the market is ready to pump gold stocks. they'll all have $ to then restart drilling. that would be looking after the interest of shareholders and not themselves
General Chat, page-6280
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Last
13.0¢ |
Change
-0.005(3.70%) |
Mkt cap ! $31.66M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 15.0¢ | 13.0¢ | $24.17K | 185.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 99999 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 30000 | 1 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| NVA (ASX) Chart |