NVA 3.57% 14.5¢ nova minerals limited

Ann: Trading Halt, page-19

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  1. 497 Posts.
    lightbulb Created with Sketch. 405
    Waited for Gold to close above $2,000usd/oz tongue.png

    Better hurry up with SS2 , Korbel would look good @ $1900/oz. Previous scoping study used $1750usd/oz. As per the sensitivity analysis, a 10% lift in the gold price would give Korbel an NPV of $610m , with only 3moz.


    https://hotcopper.com.au/data/attachments/5179/5179629-abf450150a24fe6b3c27eac4bae3af39.jpg

    If we can get 2moz or more at RPM @ 2g/t or more. This is going to be a cracker!

    Let's keep an eye out for the following in the resource upgrade:
    Performance rights A - Korbel min grade of 0.4g/t for atleast 1.5moz

    How many of these options can we get in the Money- Above $2.20 by October???

    https://hotcopper.com.au/data/attachments/5179/5179686-6165b67ac102fb66af0d1bab14c0a3e1.jpg








 
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