NVA 3.85% 13.5¢ nova minerals limited

yes, assuming that the sensitive analysis is correct, I...

  1. 3,284 Posts.
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    yes, assuming that the sensitive analysis is correct, I calculated before that just adding RPM to Korbel indicated portion could triple the g/t.

    Now, they will expand the indicated portion in Korbel to maybe 5 Moz or so (possibly at same grade). But they also may have closer to 2 Moz at 2 g/t. Let’s assume for arguments sake:

    Korbel 5 Moz @0.4 g/t
    RPM 2Moz @2 g/t

    Average g/t 0.85

    Every 10% grade up is 400 M added to NPV.

    Appr. 100% added to grade = 4 Bln added to NPV.

    I know this looks incredible and too good to be true. Can someone shoot any holes in my calculations?

    Of course I am assuming constant prices which is wrong and will affect numbers. NVA states they will only need to add 20M in Capex for RPM transportation, which I take at face value.


    Last edited by Jopie: 28/06/22
 
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