NVA 4.17% 25.0¢ nova minerals limited

Also for those wondering: the bill of AIDEA for 300M USD that...

  1. 3,281 Posts.
    lightbulb Created with Sketch. 1067
    Also for those wondering: the bill of AIDEA for 300M USD that explicitly mentions NVA is a game changer for us. The fact that we are mentioned means that Chris has leverage at the highest level of government. His value for getting this into production can’t be overstated and we now have a recognition of our importance for CMs as well.

    The Bill (122) will be discussed in the Alaska House of Representatives which is dominated by republicans and is likely to pass IMO.

    It would majorly derisk this project and would make all components needed to get to production easier (transport, power, construction).

    If the academic research an antimony content in Estelle continues and comes with a favorable nod to AIDEA, we may get funding for drilling antimony (and maybe can drill with same funds to test other areas for antimony and hence gold)

    I think:

    - small drill program this year: infill and explore
    - get support from AIDEA hopefully before winter
    - Bill passes house in April
    - us listing in May
    - MRE right after

    I haven’t sold a share. From these levels the upside is baffling. As long as they can start sending clear near term upside events, we will fly.

 
watchlist Created with Sketch. Add NVA (ASX) to my watchlist
(20min delay)
Last
25.0¢
Change
0.010(4.17%)
Mkt cap ! $53.24M
Open High Low Value Volume
25.5¢ 25.5¢ 24.5¢ $32.85K 131.8K

Buyers (Bids)

No. Vol. Price($)
1 7179 24.5¢
 

Sellers (Offers)

Price($) Vol. No.
25.0¢ 65850 1
View Market Depth
Last trade - 15.59pm 16/05/2024 (20 minute delay) ?
Last
24.5¢
  Change
0.010 ( 2.00 %)
Open High Low Volume
24.5¢ 24.5¢ 24.5¢ 3270
Last updated 12.46pm 16/05/2024 ?
NVA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.