NVA 2.50% 19.5¢ nova minerals limited

General Chat, page-7316

  1. 5,715 Posts.
    lightbulb Created with Sketch. 1401
    "We might start at Korbel with (agglomerated) heap leach, if we're capital constrained" From their Youtube, an interview with Proactive Investors.

    Seems anything could happen in PFS. Having a lower CAPEX pathway starting with Korbel, or if having enough funds, then maybe starting at RPM.

    Drilling will happen at Trumpet and Muddy Creek. (No mention for Shoeshine)

    Intention for US is 'ADR' on US exchange.


    Below is just an example. Is shows heap leach being cheap for both CAPEX and OPEX. Drawbacks probably being lower recoveries, so throwing away say 20% of the gold, and slow cycle time (say 50-180 days from mining to cashflow).

    https://hotcopper.com.au/data/attachments/5945/5945483-299da76f0e20afe1ecc63bc1332437e7.jpg


    Below is some general info. CEO said nearby peers can recover 70-80% from agglomeration heap leach.
    https://hotcopper.com.au/data/attachments/5945/5945487-bb86794dec307b5c417943d2202d16b1.jpg
 
watchlist Created with Sketch. Add NVA (ASX) to my watchlist
(20min delay)
Last
19.5¢
Change
-0.005(2.50%)
Mkt cap ! $41.53M
Open High Low Value Volume
20.0¢ 20.3¢ 19.0¢ $23.14K 117.5K

Buyers (Bids)

No. Vol. Price($)
6 99613 19.0¢
 

Sellers (Offers)

Price($) Vol. No.
20.0¢ 18135 1
View Market Depth
Last trade - 15.34pm 05/06/2024 (20 minute delay) ?
Last
19.0¢
  Change
-0.005 ( 7.32 %)
Open High Low Volume
20.5¢ 20.5¢ 19.0¢ 23288
Last updated 15.26pm 05/06/2024 ?
NVA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.