If they increase their spend from the previous Qtr & it's the same burn rate at Q2 2022. They'll need to do a raise in Q4 or Q1 2024.
RPM turned out to be a dud so they may not need to commit to the previous program presented. But without RPM it'll be hard to garner any interest it what is a full blown bear market for small cap gold stocks.
I don't know why people keep implying NVA with 85% ownership at a $60MC valuation is cheap. When investors can buy Rio2 which is a large resource, higher grade project, heap leach simple project. Sure they had setbacks with their first EIA application and going through round 2 now, but were basically fully funded leading into production. I'd argue and say that NVA is in a jurisdiction and location that is much harder to get permitted.
However there are some that compare NVA to DEG and say NVA is cheap.
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Last
20.0¢ |
Change
-0.018(8.05%) |
Mkt cap ! $46.77M |
Open | High | Low | Value | Volume |
21.5¢ | 21.5¢ | 20.0¢ | $17.92K | 84.66K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 56733 | 19.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.0¢ | 13217 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 56733 | 0.190 |
3 | 86844 | 0.185 |
5 | 121335 | 0.180 |
6 | 56999 | 0.175 |
2 | 21000 | 0.170 |
Price($) | Vol. | No. |
---|---|---|
0.210 | 13217 | 1 |
0.215 | 60000 | 1 |
0.230 | 67248 | 2 |
0.235 | 6547 | 1 |
0.240 | 23300 | 2 |
Last trade - 10.07am 19/07/2024 (20 minute delay) ? |
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