Thanks for taking the time to post this, it's great to see. I agree that the value at any point up until production includes a discount for the risk.
However, the upside is very high when you are talking about 10 or 20 bags. The downside is reduced by the work that has been done to date on the gold and the LITM holding.
For me at least, this level of asymmetric risk indicates that NVA is undervalued at the moment.
Gold resource valuation, page-10
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Last
14.0¢ |
Change
-0.005(3.45%) |
Mkt cap ! $34.09M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 14.0¢ | $66.62K | 463.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3165 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 35000 | 1 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| NVA (ASX) Chart |