NVA 7.14% 13.0¢ nova minerals limited

Ann: Global Gold Fund Leads A$30m (US$20m) Funding Package, page-45

  1. 357 Posts.
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    Have also been buying, work has been crazy but I'll add some thoughts on the CR when I can. The discount wasn't ideal, but considering the parties onboard & the terms around the convertible facility, I'm pretty comfortable holistically.

    I personally feel a buy at 70c is an excellent opportunity, I'd expect a floor to settle at this price (especially considering the newsflow to come). Looking forward to the assays, Resource upgrade and of course, the much anticipated SS2. The writing is on the wall that this result will be excellent, but I can't see that the market fully appreciates this. Especially if we release a >1bn NPV.
 
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