NVA 2.63% 19.5¢ nova minerals limited

Ann: Company Presentation at the 2023 AGM, page-10

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  1. 6,205 Posts.
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    It does come across a bit weird when they say we didn't know what antimony was, but we've been looking into it for a few months.

    But when antimony can be put into AuEq terms, and can be processed (cheaply?) through floatation, with the possibility of grants, then I see it as worth looking into, particularly at RPM (re-sampling), and Trumpet (drilling) and possibly the veins at Stibium.

    They'll be checking the plausibility of the following options:
    - Agglomerated Heap Leach (improving Korbel economics?)
    - Microreactors (lower power costs, or not)
    - Expanded airstrip for bigger planes. (cheaper fuel? Or did SS2 assume fuel by road?)
    - Cost of refining antimony, by floatation? (profitable by-product?)
    - Pit angles (lower waste?)
    - Shorter snow road coming off the initial half length road spur, which has strong odds of happening? (lower CAPEX? or maybe SS2 assumed a full length road already)
    - Probably lots more, I forget what else.
 
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