NVA 2.70% 19.0¢ nova minerals limited

How much is 75million Ounces of Gold Worth?, page-368

  1. 11,249 Posts.
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    Have a look at these.

    https://hotcopper.com.au/posts/50396077/single

    https://hotcopper.com.au/posts/49902214/single

    Gold has pulled back a bit since these were posted. I just see this as a buying opportunity (intending to add in my SMSF but only just pulled the trigger on getting one setup ).

    As others have pointed out, NVA should be a low-margin producer. I think they can achieve production at under USD $900 per ounce which would mean a margin at 50% or greater.
 
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