Did anyone else see this in the ThinkEquity research report.
Development Strategy: Phased Approach to Minimize Risk. Nova Minerals has adopted a phased development strategy, starting with the high-grade RPM deposit. This approach is designed to minimize upfront capital expenditures (CapEx) while generating early cash flow that can be reinvested into the larger project. Nova aims to begin production at RPM within the next 24 months, with an estimated CapEx of ~$75 million. The company expects to produce ~50,000 ounces of gold annually in the initial phase, generating free cash flow of $200–250 million over the first few years.
Did anyone else see this in the ThinkEquity research...
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20.5¢ |
Change
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Mkt cap ! $55.99M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 21.5¢ | 20.5¢ | $59.65K | 284.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 77361 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 49996 | 1 |
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| NVA (ASX) Chart |