What's the catch with the CAPEX?
I thought SS2 showed quick pay-back metrics.
Maybe: CAPEX is too high relative to the market cap, so a capital raise to fund a decent proportion is off the cards, and they even think a loan is unlikely?
Or maybe a smaller scale start-up is simply reducing risk all round (maybe large investors keep bringing this up). Eg. snow-road scenario could be unviable with a big start-up, but viable with a small start-up. In which case, a lower CAPEX scenario would help to cut out 1 risk (if the road didn't happen).
Maybe if the road happened, or the market cap rose, it would allow us to transition back to a higher CAPEX scenario.
Or maybe they are quite confident in the idea of agglomeration heap leach, and think it will boost certain metrics, while cutting CAPEX at the same time - making funding/construction more likely.
Us retailers seem quite focused on NPV. But might instos be more focused on probabilities, confidence and minimizing down-side risk? Cutting CAPEX may be a way of cutting down on risk (even if it reduced NPV, as long as it was increasing the odds of actually realising that NPV).
- Forums
- ASX - By Stock
- NVA
- Ann: Nova Progresses NASDAQ Dual Listing in the US
Ann: Nova Progresses NASDAQ Dual Listing in the US, page-47
Featured News
Add NVA (ASX) to my watchlist
(20min delay)
|
|||||
Last
13.5¢ |
Change
-0.010(6.90%) |
Mkt cap ! $32.88M |
Open | High | Low | Value | Volume |
15.0¢ | 15.0¢ | 13.0¢ | $20.03K | 150.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6126 | 13.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.5¢ | 9373 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6126 | 0.130 |
2 | 45000 | 0.125 |
3 | 42169 | 0.120 |
3 | 40490 | 0.115 |
2 | 56000 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.145 | 9373 | 1 |
0.150 | 98502 | 1 |
0.155 | 12607 | 2 |
0.160 | 1424 | 1 |
0.165 | 30000 | 1 |
Last trade - 15.54pm 14/08/2024 (20 minute delay) ? |
Featured News
NVA (ASX) Chart |