NVA 3.70% 28.0¢ nova minerals limited

Expect a desperate CR very soon. CG is boxed into a cornerNo new...

  1. 752 Posts.
    lightbulb Created with Sketch. 189
    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
 
watchlist Created with Sketch. Add NVA (ASX) to my watchlist
(20min delay)
Last
28.0¢
Change
0.010(3.70%)
Mkt cap ! $59.63M
Open High Low Value Volume
28.0¢ 28.0¢ 28.0¢ $6K 21.42K

Buyers (Bids)

No. Vol. Price($)
1 2000 27.5¢
 

Sellers (Offers)

Price($) Vol. No.
28.0¢ 4233 1
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
28.0¢
  Change
0.010 ( 0.00 %)
Open High Low Volume
27.0¢ 28.0¢ 27.0¢ 5170
Last updated 11.32am 03/05/2024 ?
NVA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.