NVA 4.17% 25.0¢ nova minerals limited

It has to happen some time. I bought a little on market, but...

  1. 5,686 Posts.
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    Care to give a different perspective? If there was no consolidation, our market cap would be higher? Even with RPM downgrade?
    It has to happen some time. I bought a little on market, but also holding off some cash for a raising. So my feel if that there's one coming, but not immediately.

    2 months ago we had $6m cash.
    https://hotcopper.com.au/data/attachments/5999/5999167-3a90c1be6adcdbb6aa830db9bdb16e3c.jpg

    Nebari appears to be due Nov 2024. I think we're allowed to pay half with cash, and half with 10% discounted shares? That leaves us short of cash by Nov. $6m cash for operations and repayments (as of 2 months ago), with $3.5m due to repay to Nebari (if paying half with shares).

    https://hotcopper.com.au/data/attachments/5999/5999174-a62b2114e4584baf5d242b3f962c3030.jpg

 
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