I took a look to the NewCres's asset, Red Chris. NewCrest owns 70% of that asset, with a similar size and grade of Korbel. And modest Metallurgical testing for gold (60% to 75),There Are some copper also
In the PFS released last Oct, the NPV and cash flow are mind blowing!!
If I am not comparing apples to oranges..Korbel ( by itself) can be a real monster!!
No wonder management is flushing their personal cash on this stock!
Comparison of NVA to the Market, page-37
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Last
13.0¢ |
Change
-0.005(3.70%) |
Mkt cap ! $31.66M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 13.0¢ | $13.08K | 100.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 43323 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 26640 | 1 |
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| Last trade - 10.07am 16/08/2024 (20 minute delay) ? |
| NVA (ASX) Chart |