https://hotcopper.com.au/posts/56605412/single
Worthwhile looking at @wombat777 recent post about the valuation of NVA's stake in the new IPO Snow lake resources....
"Based on the value of Sigma Lithium on the NASDAQ, once Snow Lake Resources has a Feasibility Study and Offtakes it may trade at market cap USD $500M to USD $1B. That in theory would mean NVA's 60% holding will then be worth USD $300M to USD $600M (I think it will take at least 2 years or end 2023 to get to this point - assuming drilling and resource work through next year and study work in parallel )."
So the question remains what should NVA be valued at for its 4.7m oz and this new monster discovery??
Ann: Bonanza Grades at RPM North Including 132m @ 10.1 g/t Au, page-148
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