NVA 5.00% 19.0¢ nova minerals limited

General Chat, page-6704

  1. 6,199 Posts.
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    VG doesn't excite? I guess people are worried that it's just drilling the same narrow super zone again, just re-drilling / being deceptive, not being something new and thus not boost resources / economics.

    But from what I can tell, it falls within the 'medium grade' resource outline, not the 'high grade' narrow bit, so may boost the grade of the North resource. But it still needs waiting on the full hole assays, to know what the VG will actually turn into in terms of gram meters.


    Other than that, there's not that much to speculate on, until the assays come back. Then we can speculate on NPV, early production and so on.

    News of road approval would help, to upgrade us somewhat from the 'risky/rural' basket. Then being judged mainly on the resource alone, not resource & access both.


    It seems to be a waiting game.
 
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