NVA 0.00% 24.0¢ nova minerals limited

Hard to understand market reaction.At close of 0.325 on Friday,...

  1. 1,074 Posts.
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    Hard to understand market reaction.
    At close of 0.325 on Friday, the EV was $A29m. (after the lithium shares).
    NPV here is US$645m, close to $A1b.
    How much do you want to pay for a SS.
    I'm happy to pay at least 10% of NPV for a project with economic viability established.
    That would be about 3.3 times Friday's close.
    And that is 330% rise from 32.5c.
    Not happening!
 
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