NVA 3.70% 28.0¢ nova minerals limited

Love to see the piranhas circle on a bad day, nothing like...

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    Love to see the piranhas circle on a bad day, nothing like rubbing it into investor's faces.

    Not a pretty day, but I think overdone. I haven't fully digested the announcement, I do wish we would see a positive surprise for a change (they all seem to be going the other way). Lots of positive catalysts here, including a rising Gold price, more confident resources, and progress on the access road. But a decrease in Resources (excluding the drilling undertaken) is a tough blow for sure, a lesson for me that a new MRE might be treated as a completely new piece of work (and hence at the mercy of a different person's assumptions & conservatism).

    Time will tell how the SS2 shapes up.
 
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