NVA 8.33% 16.5¢ nova minerals limited

Hi Broosta, I disagree somewhat. I think management having skin...

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  1. 1,499 Posts.
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    Hi Broosta,

    I disagree somewhat. I think management having skin in the game, and a significant amount too, means our objectives are aligned. I think the spin off and separate listing is a good way to fund the project while reducing dilution in NVA on the ASX.

    They have already stated that they have had offers to buy/invest in the project from the USA. We are early stages.

    Lithium has taken a hit lately and this is probably more responsible for the recent sell down than anything else.

    Longer term hold here so also a lot of retail holders probably jumping ship rather than tie up capital, which is fair enough.
 
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