I'm more optimistic. DEG has a 1.3B MC although it is a market darling. They're both future big producers, looking to define a similar sized resource- 7+Moz. Both are great projects but plenty of factors in Nova's favour; low AISC, plenty of targets, money from snowlake etc.
So although I'm optimistic, I know NVA aren't the high grade love story of DEG so will anyways be under their MC. If we get a good PEA and second half resource upgrade I think 1B isn't impossible.
NVA Predictions, page-12
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