Pretty sure they terminated because of the angle of the drill hole at that depth. It was not worth the spend as they knew the next drill hole from the next pad would provide what they needed into that zone at a better angle. I bet they didn't terminate the next hole in mineralisation - this next hole isn't out yet. Hopefully it continues and gets better for another couple hundred metres down. That would throw the cat amongst the pigeons.
Meanwhile, this has retraced 50% from peak and there has been no bad news, only positive announcements. IMO, this will be a pretty simple 50% minimum gain into the next resource upgrade from here. I expect there to be delays getting the upgrade done due to the labs but it will come and may just come when AU is peaking again in 2021.
NVA are due for a multiple cent run again. I love those FOMO buying sessions, NVA has had a few in the last 6 months.
Giddy Up!
Pretty sure they terminated because of the angle of the drill...
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Last
19.5¢ |
Change
-0.020(9.30%) |
Mkt cap ! $46.23M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 21.0¢ | 19.5¢ | $2.284K | 11.40K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9247 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 5069 | 2 |
View Market Depth
| Last trade - 14.20pm 09/07/2024 (20 minute delay) ? |
| NVA (ASX) Chart |