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
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $36.71M |
Open | High | Low | Value | Volume |
14.0¢ | 14.0¢ | 13.5¢ | $111.9K | 812.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 959533 | 13.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.5¢ | 21998 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 889533 | 0.130 |
10 | 337777 | 0.125 |
5 | 301000 | 0.120 |
3 | 56794 | 0.115 |
1 | 10000 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 114804 | 2 |
0.145 | 69400 | 3 |
0.150 | 50000 | 1 |
0.155 | 17500 | 1 |
0.170 | 68422 | 4 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
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