NVA 7.89% 20.5¢ nova minerals limited

Hey all had a much anticipated SS released this week on another...

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    Hey all had a much anticipated SS released this week on another stock I own IXR (not gold).

    Was a bit of a fizzer (down 20%) due to the ASX position on the use of M&I versus inferred. A 315mtpa resource was only able to be reported as a 87mtpa resource which had a big impact on LOM & NPV.

    got me thinking about our next big piece of news we are waiting for and wondering how much of the 4.7moz we can declare in a SS when its all inferred.

    hoping one of the more informed posters here who have gone through SS with gold junior explorer can share some insights please.

    cheers
 
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