NVA 6.82% 20.5¢ nova minerals limited

Unfortunately it’s difficult to give a precise timeframe for...

  1. 11,249 Posts.
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    Unfortunately it’s difficult to give a precise timeframe for something like approval of a prospectus.

    They might have a good timeframe themselves for completion of the documents but putting a firm number on time for review / approval by a regulator is difficult.

    Government agencies (anywhere) can be notoriously slow.

    MCT have been working on their IPO since 28 March 2018. 12 months!

    It’s been 8 months for NVA and at least the prospectus is being finalised.

    Delays for both largely due to market conditions end of last year.
 
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