NVA 3.57% 13.5¢ nova minerals limited

Value of this company looks crazy low......Current Mkt Cap 131m...

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    Value of this company looks crazy low......Current Mkt Cap 131m AUD ......NVA's share of Value of Snow Road (Listed NASDAQ) is 104m, Value of TNR is $3m .......also had cash in bank of approx 8m at Dec........this make enterprise value of NVA less Listed Investments and Cash of approx $16m AUD .....Gold speccy's are out of favour, but the market seems to hate this stock? Even if you halve, (and halve again) the claimed 9.6m ounces .....what are we all (current investors) missing?
 
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