NVA 1.61% 15.8¢ nova minerals limited

General Chat, page-7937

  1. 3,959 Posts.
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    It seems to be a bit of chicken or the egg at the moment. I imagine they would know what they need to do, in order to get a grant, maybe the application they have already submitted is for exploration / drilling, pending the results of the bulk samples.
    Then after we have defined a resource from a small drill campaign, apply for construction funding grant etc. If winter stops the drilling, then we'd still be looking at late 2025 / early 2026 before we would know if there's a resource there.
    This begs the question, if it was supposedly on the fast track, what resource definition is required for a construction grant / funding?

    I'm a bit skeptical on the antimony and think that we should focus on the RPM starter plant, my opinion would only change on this if they got $10-20 million grant to go all guns blazing at Stibium.
 
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