Nova is going to have a resource upgrade in the next few weeks imminently - and it is clear that this will be in the range that Chris has communicated. There has been massive drilling work progressing and we are ahead of schedule of timeline, so more news should be coming through here. The company investment in Torian is paying off very well. A listing is fast progressing of Snow Lake Resources on the NASDAQ.
These are all positives in everything Nova is doing.
Again this is clearly a buy, buy, buy.....yet the market is not yet onto it, so the BOD/company are ready to do the BUYING instead
Ie. buy today at an undervalued price and then do a capital raise in say three months time for 0.40 cents... That is a clear win for the company.
If investors can double their money in three months why shouldn't the company. AIMO.
Ann: Announcement of buy-back - Appendix 3C, page-56
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13.0¢ |
Change
-0.010(7.14%) |
Mkt cap ! $31.66M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.5¢ | 12.8¢ | $76.07K | 582.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 23856 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 7500 | 1 |
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| NVA (ASX) Chart |