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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13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $32.88M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 14.0¢ | 13.0¢ | $101.2K | 766.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11595 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 63372 | 2 |
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| NVA (ASX) Chart |