NVA 3.70% 28.0¢ nova minerals limited

I assume that was some kind of poorly delivered joke? Sounds...

  1. 204 Posts.
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    I assume that was some kind of poorly delivered joke? Sounds like you're quite ignorant to the global gold market if you're being serious.

    My worry with a market cap this low (~170m) is the potential for a low value take-over.
    4.7Moz gold at only 2% of their land would be quite appealing to a nearby neighbour.

    Don't forget Coffee was acquired in 2016 (during a gold bear market) for C$520 million. Estelle has given every indication it will surpass Coffee in total ounces of gold and be more economical.
    Last edited by TradersUntied19: 20/07/21
 
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