NVA 0.00% 19.0¢ nova minerals limited

Ann: High Grade Gold Intercepts Continue for Nova at RPM, page-58

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  1. 786 Posts.
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    As we all know, at these low volumes, the shareprice is left to chance rather than any significant facts behind it.
    All relevant facts that could give the sp a boost are stuck in the labs.
    E.g. today: the last move in the sp from 63.5c to 62c was by a handful of shares. If instead someone had accepted the offer of 68c and bought the same number of shares at that price, the sp would have stopped at 68c today. Surely everyone can imagine that such a random result can in the smallest way reflect the value of a company.

    It is simply a waiting game with Nova.

    Some people have the patience, others don't.
    It's always like that.


    I imagine Nova's management is many times more annoyed by the delays than we are, since important decisions depend on them, such as which direction is worth continuing to drill.
    Without results, the team has to rely on guesswork. That is much worse than a fact-based approach. And now the onset of winter is throwing another wrench in their plans.

    I am convinced that everyone is doing their best to achieve the goals that have been set.


    Even if life as a shareholder of Nova seems hard to us, I believe that the management has it harder than we do at the moment.


    But I am still convinced that the management is doing its best against all odds. If someone doesn’t do that, of course he‘s got a problem, that’s clear.

 
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