NVA 5.26% 20.0¢ nova minerals limited

Ann: Thompson Brothers Lithium Project Resource Upgrade, page-71

  1. 24 Posts.
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    Litrush, as I dont know lithium very well, so i could be inccorect, however if we look at Snow lake, its announcement has 110,000 tonnes of lithium.

    having a very quick look at avz, they have 4.53 million tonnes of lithium (measures+indicated) and a market cap of 460mil.

    they have a resource thats over 40x bigger so i cant see that there would be much value based on our lithium in our share price? Unless Avz is severely undervalued?

    again ive only had a very quick look so could be wrong.
 
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