NVA 0.00% 13.5¢ nova minerals limited

Based on back of the envelope, at $15 it will value our share in...

  1. 357 Posts.
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    Based on back of the envelope, at $15 it will value our share in SL at roughly 75% of current NVA MC of $270M (I.e. SL around $200m) for an exchange rate of 0.73.

    This means only $70M of our MC for our gold prospects.. in my opinion, that's a pretty crazy Monday/Tuesday coming up.

    Anything higher than $20 eclipses our current MC entirely based on our SL stake alone.

    I'm keeping my expectations in check, I was happy with $7.50, but this is a good start to the journey regardless.
 
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