NVA 2.33% 22.0¢ nova minerals limited

Ann: Company Presentation - October 2022 Market Update, page-27

  1. 3,359 Posts.
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    stop drilling? SMH
    Not sure if you have invested in an explorer before let alone an explorer in the US but things don't just happen with a click of the fingers. We are years away from mining so think you need to do some research into how long it takes from permitting to mining. We are years away from proving up this resource. We haven't drilled 5% of our overall project. Cathedral in my opinion will determine how fast we commence the starter pit. if that's a fail we will need to drill out all of RPM and move to shoeshine and other prospects. If you are here for a quick flip you may be waiting a while. We have 50 odd holes and the labs which is a huge number, we won't get strong hits on all these holes but it will tell the company where they should focus their drilling.
    Patience is needed
 
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