NVA 7.14% 13.0¢ nova minerals limited

Ann: Nova Majority owned Snow Lake Resources Prices IPO, page-23

  1. 1,689 Posts.
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    No one seems to have answered, but this is a very good thing that we have been waiting a while to eventuate.
    NVA owns a majority stake in Snowlake, and it has just added a ~$95M AUD asset to our balance sheet. (previously it was on there at cost [~$5M USD]) This should give a decent bump to the share price when they start trading again on Monday, or maybe tuesday. When it (LITM) opens on the nasdaq tonight, it’s possible that it increases in value, which means NVAs stake will be worth more.
    maybe the best thing about this will be the attention it will bring to NVA, as many of us here think that we are currently very under valued, more awareness about the assets NVA hold, the better.
 
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