NVA 8.57% 16.0¢ nova minerals limited

How much is 75million Ounces of Gold Worth?, page-4

  1. 3,286 Posts.
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    Keeping it real is your best medicine for exploration companies. The current SP is based on the gold that *might* be there and *might* be economically viable in oxide. All the other areas are exploration targets, with one hole or less historic Drilling data for some targets.

    Basically, we still dont know much.

    BUT, my investment had become a lot less risky and can be expected to derisk even more in the coming months. If that goes well, and we see other parts of NVA shine we may end the year above 10c.

    but even then it might go down again till summer, who knows.

    if you hold with a production horizon, all of this is irrelevant, and just part of the usual pattern in junior miners.

    all imo and dyor
 
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