Expect a desperate CR very soon.
CG is boxed into a corner
No new drilling done at RPM.
If they were to drill tomorrow it'd be at least a 16 week turnaround from drill to assay (assuming assays are good for a pump)
We won't have the cash to last 4 months.
Best he can do is chance his arm and just raise a small amount & hope for a re-rate.
But he won't be able to fool the market.
If he adopts this strategy it will kill the SP and the raise after that will be ever lower.
NVA is back at a spec phase and RPM is the target.
Accept that.
It is what it is.
Nothing wrong with that.
If RPM is good we will re-rate
If not GAME OVER
Expect a desperate CR very soon. CG is boxed into a cornerNo new...
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Last
21.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.23M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 21.5¢ | 19.5¢ | $2.446K | 12.16K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9239 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 4999 | 1 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| NVA (ASX) Chart |