NVA 8.89% 24.5¢ nova minerals limited

they need to conserve cash.ensure they maintain a cash burn rate...

  1. 2,376 Posts.
    lightbulb Created with Sketch. 1799
    they need to conserve cash.

    ensure they maintain a cash burn rate of circa 15 qtrs.

    need to take the risk that sentiment in gold stonks will return at some point and there will be another pump

    don't know why so may here are keen on accelerating exploration and dilute at all cost.

    keep this up and in another 18 months stock will be trading sub 10cent
 
watchlist Created with Sketch. Add NVA (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.