NVA 5.88% 24.0¢ nova minerals limited

this is potentially huge. LITM already has economic studies with...

  1. 3,281 Posts.
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    this is potentially huge. LITM already has economic studies with a post tax NPV (7%) of USD 1.1 bln. But this is without several thousand meters of drilling not yet included and also not winter drilling program results (although I haven’t seen any news of commencement).

    PFS this year hopefully in line with above studies or better. At 30% - 50% of NPV we are talking 330 - 550 mln.

    Current market cap 21 mln. Target SP 15-30 USD. NVA has 6.7mln shares i believe.

    I have been DCAing on recent weakness and may add more if it dips again.

    Last edited by Jopie: 08/01/24
 
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