Pausing all operations would come with its own problems. A slow drain of cash, combined with no possible excitement on the horizon to generate buying demand, so an imbalance towards sellers and a falling SP. Then no progress towards the company's goals of PFS, BFS, production, so a lot of dilution would happen later at a low SP when they decide to resume operations, and they'd be a long time behind schedule and having to re-hire.
Currently: Gold is high, even if high interest rates are driving down valuations of explorers. I think it's necessary to progress towards their goals, so just deciding between US raising or ASX raising (so we can keep drilling at a good pace for PFS). If we're going to be diluted in either case, then I prefer the ASX case so I can participate and offset my dilution. But I expect management see some side benefits from a US listing - better odds of receiving a grant, or better odds of favourable funding for BFS/construction, or better odds of a partnership/acquisition etc.
- Forums
- ASX - By Stock
- NVA
- NVA Chart
NVA Chart, page-2008
-
-
- There are more pages in this discussion • 34 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NVA (ASX) to my watchlist
|
|||||
Last
21.5¢ |
Change
-0.005(2.27%) |
Mkt cap ! $45.16M |
Open | High | Low | Value | Volume |
22.0¢ | 22.0¢ | 20.0¢ | $6.119K | 28.77K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7489 | 21.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.0¢ | 15040 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7489 | 0.215 |
3 | 2970 | 0.210 |
1 | 25000 | 0.205 |
1 | 15607 | 0.200 |
1 | 10000 | 0.190 |
Price($) | Vol. | No. |
---|---|---|
0.220 | 15040 | 3 |
0.225 | 30564 | 1 |
0.230 | 2238 | 1 |
0.235 | 6547 | 1 |
0.240 | 23300 | 2 |
Last trade - 15.42pm 23/07/2024 (20 minute delay) ? |
Featured News
NVA (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & MD
Charles Armstrong
CEO & MD
Previous Video
Next Video
SPONSORED BY The Market Online