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13.5¢ nova minerals limited

Ann: Trading Halt, page-41

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Lilow

9,194 Posts.

2362

23/11/20

09:36

Post #: 49059305
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Originally posted by Guemar ↑

Kinda sucks. Why does the public get this info before us via an ASX release? If the news is out there, why not in an official ann? Or has the AFR found a leak and got info that should not have been available to the market yet?

That aside, looks like ~6% dilution which is not too bad, IMO. However, @17.5c kinda seems unfair, but then again when they would have negotiated it, we would have been around that level.

So all up, maybe an ok deal to help us to further consolidate as we move towards a larger footing. If we wonna become an over 10MOZ producer we'll have to raise a whole lot more in the next few years. So might as well do it early, avoid running empty putting NVA into a bad neg. pos. Great things to come.

IMO, means NVA is Really serious, and Chris knows what a large gold body is out there to prove - which will of course cost a lot of money. But you gotta spend a $ to make $$$$$!

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I think this funds will probably be used for 80,000m 2021 drilling campaign as Chris did hinted in previous video interviews that a CR would be coming up. Also they are looking to drill RPM and Cathedral around April 2021.

NVA Price at posting: 22.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 13.5¢		Change 0.000(0.00%)		Mkt cap ! $37.39M

Open	High	Low	Value	Volume
13.5¢	14.0¢	13.5¢	$58.74K	424.7K

Buyers (Bids)

No.	Vol.	Price($)
4	701508	13.5¢

Sellers (Offers)

Price($)	Vol.	No.
14.0¢	55968	10

View Market Depth

No.	Vol.	Price($)
4	706698	0.135
16	901834	0.130
12	390738	0.125
6	308692	0.120
4	96794	0.115

Price($)	Vol.	No.
0.140	55968	10
0.145	175380	6
0.150	50000	1
0.155	17500	1
0.160	145000	1

Last trade - 14.53pm 30/09/2024 (20 minute delay)

NVA (ASX) Chart