Australia's largest stock trading and investment forum Australia's #1 stock forum

NVA

Click for more information

1.96%

25.0¢ nova minerals limited

is it worth bringing this ambiguity to management's...

First 334 Last

Share
Profile

Follow
BrentSorro

61 Posts.

6

08/10/20

09:36

Post #: 47931659
Share

Originally posted by straw_woods: ↑

Appears to be only one possible assessment here. There is at least one error in the report:

1) 3.3m is block A and B and 290 @0.4 is wrong; or
2) 3.3m is block B only, 290 @0.4 is A and B, therefore announcement should read 3.7m; or
3) 3.3m is block B only, JORC table is wrong and calculation of 290 @0.4 is wrong

Add to that 291 @0.4 is reported in lead sentence (was prepared to ignore that).

I think a clarification is in order, as embarrassing as that may be! Indicators of a rushed announcement under pressure given delays. Prefer taking time to be right as confidence is an even more rare commodity than gold in these times! Frustrated!

Expand

is it worth bringing this ambiguity to management's attention I wonder?
if we, the heavily invested long term advocates of NVA can't see a clear picture then what chance does a potential new investor have of feeling comfortable?

NVA Price at posting: 9.8¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 63 more messages in this thread...

First 334 Last

Add NVA (ASX) to my watchlist

(20min delay)
Last 25.0¢		Change -0.005(1.96%)		Mkt cap ! $53.24M

Open	High	Low	Value	Volume
25.5¢	25.5¢	25.0¢	$107	420

Buyers (Bids)

No.	Vol.	Price($)
4	34278	24.0¢

Sellers (Offers)

Price($)	Vol.	No.
24.5¢	4000	1

View Market Depth

No.	Vol.	Price($)
4	34278	0.240
5	117200	0.235
5	120947	0.230
3	33900	0.225
5	108195	0.220

Price($)	Vol.	No.
0.245	4000	1
0.250	6126	2
0.255	20702	2
0.260	25091	2
0.265	1050000	1

Last trade - 10.06am 15/05/2024 (20 minute delay)

NVA (ASX) Chart

SPONSORED BY