NVA 4.76% 22.0¢ nova minerals limited

NVA "could" be a $10 per share company with current SOI if...

  1. 2,432 Posts.
    lightbulb Created with Sketch. 1637
    NVA "could" be a $10 per share company with current SOI if things went well, but that would take a perfect storm of events and prudent management.

    Newmont have a $43b market cap, so a $25 - $30b market cap for a diversified company is not unrealistic.

    More gold (as in 50m+ ounces), higher grades (again, this will depend on the type of the deposit), much higher gold price (some people are projecting a long term price of $3000+), power and access sorted out, all of the technologies being mooted for mining (like ore sorting etc) being proven as providing significant value, and then all of the other things like Snow Lake, Rotor X etc to come good.

    The problem is a lot of these events are a long way away, and I do not believe we have the board and management to get us there.

    The way the big companies operate is very different to how this end of town works.

    There, $10 per share, give me all of your TU and GAs.


 
watchlist Created with Sketch. Add NVA (ASX) to my watchlist
(20min delay)
Last
22.0¢
Change
0.010(4.76%)
Mkt cap ! $47.31M
Open High Low Value Volume
21.5¢ 22.5¢ 21.5¢ $12.26K 55.72K

Buyers (Bids)

No. Vol. Price($)
2 11736 22.0¢
 

Sellers (Offers)

Price($) Vol. No.
22.5¢ 51495 2
View Market Depth
Last trade - 15.36pm 17/07/2024 (20 minute delay) ?
NVA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.