NVA 8.70% 21.0¢ nova minerals limited

General Chat, page-7582

  1. 221 Posts.
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    Thanks for linking the preso @edithzion. Not sure if the peer comparison at the end makes me laugh of cry. We're valued 20 times less (MC) than Newfound and Snowline. I do hope the US listing puts a firm rocket up Nova SPs derrière.

    According to @NovaMInerals2 (thanks for the updates Craig), the first 18 miles of the West Susitna Access Road along with a bridge over the Susitna River is budget approved by the state government, which I personally find as a huge confidence booster. Strategically, we're a bit slow on multiple fronts but if the government is willing to fund partially or wholly for the access road and Antimony drilling/production then I'm okay with it.

    Macro wise, gold is at ATHs pushing US$2400 and I believe we're not going back to the US$1000s any time soon. We should expect gold producers being valued appropriately. Unfortunately as we're not producers, we won't see similar gains-- funding is very tight in this environment! If we can secure funding (or get cornerstone investors in) and re-gain some market confidence, we should be able to easily see many multiples on the current MC.

    AIMO.
 
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