Hi danw1989
If you consider the value of the Snow Lake Lithium holding, then the market is not pricing in the gold asset right now.
In my view, the sell off immediately after the scoping study was released may have been holders who didn't bother to try and understand the basis of it. The CEO spoke about it and it has been transcribed in another thread. You can read it to judge for yourself.
News: NVA Nova Minerals Posts HY Total Revenue Of A$91.9 Million, page-23
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Last
16.0¢ |
Change
0.015(10.3%) |
Mkt cap ! $38.96M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 16.0¢ | 15.0¢ | $21.58K | 138.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 86960 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 30515 | 2 |
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| Last trade - 10.16am 05/09/2024 (20 minute delay) ? |
| NVA (ASX) Chart |