PFS requires alot more input and particularly market testing alot of the elements they had just priced inhouse. If the market rates/cost from the mining contractors are substantially higher than the assumptions made then the SS was cooked.
I had warned that the AISC reported was highly suspect. BIG RED FLAG when a LOM forecast AISC is almost as low as the lowest AISC Open Pit gold mine miner in WA! MASSIVE RED FLAGS!!!!
a LOM AISC in the order of $1500usd would be more believable.
There is a chance NVA will fade the PFS away and spin some narrative about doing more drilling as their is a step change improvement potential!!!!!!!!
PFS requires alot more input and particularly market testing...
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Last
20.0¢ |
Change
-0.018(8.05%) |
Mkt cap ! $43.01M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 21.5¢ | 20.0¢ | $52.40K | 252.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1500 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 1668 | 1 |
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| Last trade - 14.11pm 19/07/2024 (20 minute delay) ? |
| NVA (ASX) Chart |