NVA 4.17% 25.0¢ nova minerals limited

Thanks Magic, glad it is appreciated. I did model all, so here...

  1. 102 Posts.
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    Thanks Magic, glad it is appreciated. I did model all, so here you go. I am sure PAD 2 went where it did for ease of building the pad and the off chance the resource was that far west, but alas. Building a PAD on the side of the hill would be significantly harder (remember snow still on the ground when these pads went in). The picture below makes it look flatter than it is and it was the elevations and potential difficulty of mining that originally had me keen to model this location to get a better feel. Am far more comfortable now that this is indeed easily mineable and at the quality of the deposit, definately a great addition. The remoteness and ruggedness of the RPM location though means I do think mgt are right to be keeping the core plant at the much more accessible Korbel location (Don't forget this is 8m tonnes alone with multiple other prospects within 100's metres) and using these RPM deposits to add "Sweetness" to the mill.

    https://hotcopper.com.au/data/attachments/4730/4730931-6990a9a778e38a3793c6775afa8c6fff.jpg


    https://hotcopper.com.au/data/attachments/4730/4730909-fbc2cfb551c02db4b895ebd2a9add742.jpg



    https://hotcopper.com.au/data/attachments/4730/4730908-c0cb67046172add3f66ad9e4c361757d.jpg


 
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