Ann: Estelle Gold Interim Phase 1 JORC Resource Due in August 20, page-117

In my eyes its plain to see what is going on here.

There is a slight sell down on heads and oppies into the closing date of conversion. Either the selling of heads to pay for oppies conversion or the selling of some oppies as punters cant afford to convert all of them. Covid has hit the purse strings of many punters.

Its that simple at the moment.

IMO, after the oppy conversion and some of the next batch of assays, there will be a pretty handy re-rate. All of a sudden NVA will have cash and will have done a shite load of drilling. There will be a new resource announcement with a hell of a lot of "measured and indicated" rather than "inferred". Block B by itself may well be 4Moz and will be defined first followed by block A which may add another 2Moz.

Now is the time to buy in, IMO. Upside is huge and if your looking to buy in, buy the oppies and convert them to ensure your investment has significant funds to carry the company forward. Its very easy to convert, i did it yesterday.