NVA 3.23% 16.0¢ nova minerals limited

Absolutely. I don't think anyone here has expressed...

  1. 582 Posts.
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    Absolutely.

    I don't think anyone here has expressed disappointment in 0.354 g/t average grade. (but I'd like to point out 2 things here, 1) that is uncertain and will change in the future, very well could increase, and 2) if you look at the figures (now with scales!!) its quite obvious that the shallow ore is much higher grade, I would not be surprised if it averages 0.6 g/t or higher).

    What we didn't like was the 24 hours of confusion and... speculation. Good on NVA for sorting us out quickly, but as more eyes are on their reports going forward, lets just make sure all the Is are dotted and Ts are crossed.

    I'm 95% confident NVAs numbers will be better when they release their measured and indicated. I believe our M&I grade will be much higher than FKs. Would not be surprised to see close to 0.45-0.5 g/t average grades for M&I with a drop to 0.25-0.3 for inferred. This is a very good thing for economics.
    Last edited by kduvey: 09/10/20
 
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