NVA

3.57%

13.5¢ nova minerals limited

I think this analysis is a lot more realistic then the one with...

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tls78

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75

09/03/22

14:55

Post #: 60089257
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Originally posted by DojiJay.: ↑

If we sold LITM as a block trade, right now, what would it be worth?

LITM current market cap 100m usd
NVA owns about 55% right?
so 55m USD, convert to AUD at say 75aud to usd. So 69m AUD.
sale of stock tax? 15 or 20%? Use 20, gives 55m AUD.
no one is likely to purchase 1:1 on a block trade, give 5 or 10% discount. Use 10%, gives 49.5m aud.

i assume LITM is about 50m to our mc and Estelle potentially worth 50m, maybe 45m with trn and rotorx considered. This isn't what we'd like it priced at, this is what the market is currently dictating based off both current SP and MC calculations.

am I incorrect in any assumptions?

i like the comparison to pdi, but to compare apples to apples, you'd probably only compare rpm 1.5moz inferred at the moment to pdi. Which in any case, either pdi is overvalued or we are undervalued.

i know they didn't say CR in the short term in the webinar. But what is short term, weeks, a couple of months. We had ss and drilling priced into CR prior to the last one, but they still needed a CR. Drilling is starting April, results a 6 months later perhaps? Could we stretch out from rpm results then and when LITM posts results? I'm not to sure, I think the market is pricing in a CR. Consolidation into renewed dilution is a hard pill to swallow. But the company needs cash to survive. Hopefully they raise from existing holders rather than intso, like they did in 2019.

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I think this analysis is a lot more realistic then the one with the 19 lightbulbs.

NVA Price at posting: 56.5¢ Sentiment: None Disclosure: Not Held
5 Upvote

0 Great analysis

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(20min delay)
Last 13.5¢		Change -0.005(3.57%)		Mkt cap ! $32.88M

Open	High	Low	Value	Volume
13.5¢	14.0¢	13.5¢	$34.92K	257.6K

Buyers (Bids)

No.	Vol.	Price($)
2	15661	13.5¢

Sellers (Offers)

Price($)	Vol.	No.
14.0¢	30000	1

View Market Depth

No.	Vol.	Price($)
2	15661	0.135
7	193803	0.130
3	166600	0.125
5	173169	0.120
5	150490	0.115

Price($)	Vol.	No.
0.140	30000	1
0.145	15000	1
0.150	10000	1
0.160	50000	1
0.165	99341	2

Last trade - 16.10pm 02/08/2024 (20 minute delay)

NVA (ASX) Chart

I think this analysis is a lot more realistic then the one with...

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