The problem with NVA is that people haven't understood the grade and the potential economics notwithstanding the potential scale in terms of growth at both Korbel and at other prospects.
Some valuations for inferred resources are just off the charts and that is crazy.
My point here for the last 2 to 3 years is the potential economics and hence margins. Indeed, that resources are not created equal. Which others posting here have also pointed out.
I posted earlier this week that if NVA achieved similar LOM AISC to Victoria Gold in Canada that it would put NVA in a top 10 position if compared with AISC of mines in Australia.
