Comparison needs to be on market cap, not share price.
DEG is trading at $680 per ounce but they have M&I.
NVA is trading at $46 per ounce inferred.
NVA so far have 3.3 Moz at Block B.
Keeping it conservative - I think NVA will add 1.0 Moz to 1.5 Moz at each of blocks A, C and D. Targets shown by IP survey look good but we don't have drill results yet.
That would get NVA to the 6.3 Moz to 7.8 Moz ballpark ( Block B plus blocks A, C, D ).
Then we also have the areas outside blocks A, B, C, D (see map below). They also have extensions to Block B.
Comparison needs to be on market cap, not share price. DEG is...
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Last
18.0¢ |
Change
0.030(20.0%) |
Mkt cap ! $43.84M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 19.0¢ | 16.5¢ | $90.81K | 517.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4036 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 48053 | 3 |
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| Last trade - 15.59pm 17/09/2024 (20 minute delay) ? |
| NVA (ASX) Chart |