I would expect expenses to reduce considering:
Prep lab - The building and commission was a one-off expense although staffing etc of the lab will be ongoing, however I expect the expense of staffing to offset by the savings the prep lab will generate with the added benefit of faster turnaround of samples etc. With the spare capacity the prep lab has, I wonder whether there is an opportunity for NVA to provide services to others in the area.
Share buy back - This has finished. That cost close to a million $$$.
Camp expansion - I believe this has also concluded for the moment.
To me, the focus will be back on:
1. Korbel and RPM
2. Snowlake IPO
Ann: Quarterly Activities Report and Appendix 5B - 30 June 2021, page-8
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26.5¢ |
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0.030(12.8%) |
Mkt cap ! $85.59M | |||
| Open | High | Low | Value | Volume |
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