NVA 14.7% 14.5¢ nova minerals limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-22

  1. 684 Posts.
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    When I saw the red mark was hoping for both qtrly and results! At least things are progressing along, shame the labs have backlogs again though…..

    For me the little treasure is here - if this is the case I assume they’re referring to getting the RPM dirt down to the processing facility. Would love to see that IRR on phase two up to the high 30’s at least, with some lower capex than peers. I’m hoping they’ve not made this statement without some idea as to what the number will look like. But that comment “minimal additional capital outlay” is critical……

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