NVA 2.70% 19.0¢ nova minerals limited

Yes. This is the potential which we will move closer to as...

  1. 457 Posts.
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    Yes. This is the potential which we will move closer to as things progress: i:e; more indicated ounces, completion of environmental studies, mining permits, pfs... and how much more do we need to spend before we get there?

    Don't get me wrong. I agree with you, i'm thinking it's 12-18 months and $20 to $30m at which point our market cap should be at 1/3 to 1/2 of that indicated NPV.

    The only time our market cap will equal the NPV is when the mine is funded, built and operating. Till then there will always be a risk factor priced in.
 
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19.0¢
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Mkt cap ! $40.86M
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18.0¢ 19.0¢ 17.8¢ $63.16K 346.9K

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1 7633 18.0¢
 

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19.0¢ 93561 1
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