NVA 0.00% 13.5¢ nova minerals limited

NVA fair value target $0.59 to $0.83 for 5 Moz to 7 Moz, page-23

  1. 135 Posts.
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    Interesting exercise ...

    1. Global resource (agree will be Q1 2021 - probaby early Feb, hopefully late Jan) = 6.5 million

    Calculation = 3.25m (Interim Resource) + 1.5m (Block A + B - remaining 32 holes + PAD 7 - 2 holes intersecting top of Block A ) + 0.5m (PAD 6 – Block B SE Extension – 6 holes) + 0.75m (Block D – 4 holes + Block C – 2 holes) + 0.50m (enhanced values from RC infill drilling)

    2. M&I for Starter Block = 1.5 million

    Block B (Restricted to SE half to 2/3 - ie PAD 6 direction) [1.15m] + PAD 6 (Block B SE Extension) [0.35m]

 
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