Your analyses of true value of NVA have always been spot on @wombat777. Unfortunately the market so far has not recognized this potential in any way or form. IMO this is still mainly due to lack of recognition and understanding (not only in Oz) about the type of deposit and its economics that Estelle can bring.
Freegold Ventures (TSE: FVL) is a good example of how high grade discoveries can get investors like Sprott interested and catapult the share price from 8c to $1.40 in a matter of months. Their JORC is much smaller, although they have some monster add on drill results.
We really need the attention of a major investor/major to catapult us to +1$. Without it, it's just retail doing pip trades like we have seen recently. I think that Newmont who they have links with through Officer Hill, might come on board as that partner. Not because they need to money now, but because it would add the insto nitro that this stock is lacking.
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Your analyses of true value of NVA have always been spot on...
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Last
14.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $39.43M |
Open | High | Low | Value | Volume |
15.0¢ | 15.0¢ | 14.5¢ | $37.26K | 251.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 36999 | 14.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.0¢ | 169873 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 36999 | 0.145 |
8 | 303433 | 0.140 |
5 | 333966 | 0.135 |
17 | 837858 | 0.130 |
10 | 354237 | 0.125 |
Price($) | Vol. | No. |
---|---|---|
0.150 | 169873 | 1 |
0.155 | 17500 | 1 |
0.160 | 17000 | 2 |
0.170 | 21422 | 3 |
0.175 | 33857 | 4 |
Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
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NVA (ASX) Chart |