NVA 3.03% 16.0¢ nova minerals limited

NVA - valuation $0.148 for Estelle based on Maiden JORC Oxide Korbel and RPM Hole SE12-008, page-45

  1. 6,600 Posts.
    lightbulb Created with Sketch. 523
    @Wombat, I think @bobbym had a touch of sarcasm in his comment.
    Now, it's good you are keeping it balanced..Let's see, for every 100 metres of drilling, you are coming up with 110oz.eek.pngeek.png Well Estelle must be the Lihir deposit on mega steroids?
    Are you getting these calculations from the company or are you just picking pie in the sky figures.

    Can I suggest you go and have a look at Freeports Grazburg deposit in West Papua, and the Lihir deposit on Lihir Island .Have a good look at the early exploration and pay particular attention to the meterage these companies drilled to prove up their mega resources.
    Then, look at your calculations, if correct, this is the biggest gold deposit in the entire universe, unless of course they are drilling directly into King Solomon's buried gold war chest, or the buried Spanish gallion gold booty that noone knew existed.Then of course that would explain your 100 metres of drilling for 110 oz gold lol.
    Of course, I am glad you mentions desktop analysis, field work and bit of historic data?
    drifta



    Last edited by drifta: 18/09/19
 
watchlist Created with Sketch. Add NVA (ASX) to my watchlist
(20min delay)
Last
16.0¢
Change
-0.005(3.03%)
Mkt cap ! $38.96M
Open High Low Value Volume
16.0¢ 16.5¢ 16.0¢ $81.88K 507.0K

Buyers (Bids)

No. Vol. Price($)
2 26667 16.0¢
 

Sellers (Offers)

Price($) Vol. No.
17.0¢ 4000 1
View Market Depth
Last trade - 16.10pm 22/08/2024 (20 minute delay) ?
NVA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.