The issue is that the market doesn’t believe NVA management can pull it off. Even a less advanced cost like USGO doubles on a good but not amazing drilling intercept.
Management @NovaMInerals2 et al. Don’t have the connections to capital and investors in the states. The should have hired a Yank with solid financial markets network but instead hired an old mining hand.
So geo is fine (too much geo maybe). Mining knowledge maybe fine. Marketing was horrendous, now better. Finance/Markets connection horrendous. CEO…
The issue is that the market doesn’t believe NVA management can...
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Last
19.0¢ |
Change
-0.015(7.32%) |
Mkt cap ! $51.89M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.0¢ | 18.5¢ | $168.8K | 863.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 81355 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 71844 | 1 |
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| Last trade - 15.53pm 11/11/2024 (20 minute delay) ? |
| NVA (ASX) Chart |