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.
Have a look at these....
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 (20min delay)
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Last
20.5¢ |
Change
0.005(2.50%) |
Mkt cap ! $55.99M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 21.5¢ | 20.0¢ | $70.23K | 341.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 349484 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 30000 | 1 |
View Market Depth
| Last trade - 15.51pm 14/11/2024 (20 minute delay) ? |
| NVA (ASX) Chart |