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15.5¢ nova minerals limited

NVA - GOLD DISTRICT IN THE MAKING, page-684

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Jopie

3,287 Posts.

1070

19/08/20

11:35

Post #: 46651156
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Originally posted by Bails27: ↑

I'm thinking that all current holders will be far better off if a large chunk of the NVAOs don't get converted.

It is still looking like getting to $8 mill IMO, pretty easily. That is a load of drilling and confirming M&I reserves and still all the potential of increasing the JORC. It means less dilution in the shorter term for holders. For me, this is looking like taking off in the run up to December, especially when punters do the math on the upcoming drill results and figure out the size of the resource. NVA will be funded on current cash and what will come in anyway. Why not do another raise mid next year at a far higher share price than where we are here, less shares on issue, more % for each of the current holders.

Don't convert...

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Don't they have a loan to repay?

NVA Price at posting: 5.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 15.5¢		Change 0.010(6.90%)		Mkt cap ! $39.43M

Open	High	Low	Value	Volume
15.0¢	15.8¢	14.5¢	$82.50K	541.9K

Buyers (Bids)

No.	Vol.	Price($)
4	201795	15.0¢

Sellers (Offers)

Price($)	Vol.	No.
15.5¢	6519	3

View Market Depth

No.	Vol.	Price($)
4	201795	0.150
6	131594	0.145
7	217221	0.140
4	330248	0.135
17	837858	0.130

Price($)	Vol.	No.
0.155	943	1
0.160	164613	5
0.170	68380	3
0.175	33857	4
0.180	117642	1

Last trade - 13.37pm 04/10/2024 (20 minute delay)

NVA (ASX) Chart