NVA 6.90% 15.5¢ nova minerals limited

Ann: Quarterly Activities Report and Appendix 5B - 30 Sept 21, page-50

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 226 Posts.
    lightbulb Created with Sketch. 38
    It has been rumoured it is to IPO around $80 - $120m USD

    Nva will dilute down to around 65% - at the low end of the spectrum NVA's holding will be worth in the vicinity of $50-55m USD..

    I believe once more ground-work is completed (such as drilling, studies, etc) I have seen estimates of SLR being worth between $300m-$800m USD

    65% valuation at the low end of the spectrum = around $200m USD

    NVA cannot sell their share for 180 days i believe from the listing so will have to take that into account regarding future raising, etc.
 
watchlist Created with Sketch. Add NVA (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.