NVA 3.70% 14.0¢ nova minerals limited

NVA - GOLD DISTRICT IN THE MAKING, page-256

  1. 229 Posts.
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    Over the last 12 months, we have seen several moves up to 5.5-6c and subsequent declines to 2-4c. Might see downward pressure in the near term whilst we wait for results and due to people converting options (and taking profit or freeing up cash). If you believe in gaps, there is one at 3c waiting to be filled.

    Longer term with the extra cash in the bank and drill results (if positive) the SP should be many times higher than where we are at now, but might see some short term weakness.

    https://hotcopper.com.au/data/attachments/2151/2151408-88b476a1abd7ff5029a1e3aae1a121e7.jpg
 
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