NVA

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15.5¢ nova minerals limited

General Chat, page-4084

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azzluvstrades

356 Posts.

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01/02/22

21:25

Post #: 59285615
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Originally posted by kduvey: ↑

Well, I have used this mornings bump to sell off most of my remaining NVA shares. selling low? maybe. I've been slowly selling parcels of my once large holding as opportunities have come over the last 6 moths or so. I'm now down to 10% of what i once had and will carry that through the SS just to see if anything promising comes of it (I have low expectations), but I will have my finger on the sell button for that.

My only regret is i didn't sell it all about a year ago ago when I first started getting uncomfortable.

As other have also pointed out, I don't like how the companies focus continuously changes without any real explanations. Still to this day I don't understand why we ever shifted away from fast tracking korbel main to a small heap leach operation. The only logical conclusion at this point is that the company has damning information about the viability of the deposit for a heap leach operation, but hasn't shared it with us. Delayed SS, not showing us 80-90% of the drill results in korbel, oly showing us gold and not showing us the rest of the assay contents, all the ore sorting nonsense, random investments in electric helicopters, weird share buybacks, extremely high cash burn rate, dodgy cash on balance numbers, and now what seems to be prepping for a shift in focus to RPM which is clearly never going to be a viable mine due to topography and climate.

Hopefully this SS actually does get released and hopefully it will finally answer the question of why we pivoted away from a small heap leach operation commencing in 2023-24 in Korbel main??? I fear it will be a half baked pump attempt that will be missing a lot of important context.

It just such a shame because there really is so much gold there and the jurisdiction is A+++. I will keep my eye on NVA, and ill be hoping for a complete change in management. When that happens, I will consider jumping back in.

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Respect you @kduvey, and appreciate your contributions.

NVA Price at posting: 87.5¢ Sentiment: Hold Disclosure: Held
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Last 15.5¢		Change 0.010(6.90%)		Mkt cap ! $42.15M

Open	High	Low	Value	Volume
15.0¢	16.0¢	14.5¢	$107.5K	703.1K

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No.	Vol.	Price($)
3	97305	15.5¢

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Price($)	Vol.	No.
16.0¢	161967	2

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No.	Vol.	Price($)
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NVA (ASX) Chart

General Chat, page-4084

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

BCI reaches close of funding facility for salt-first part of Mardie project

Buxton projects new graphite province discovery at WA Narryer play

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

General Chat, page-4084

Top Stories

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

BCI reaches close of funding facility for salt-first part of Mardie project

Buxton projects new graphite province discovery at WA Narryer play

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News