NVA 2.70% 19.0¢ nova minerals limited

In a nutshell, the economics of the project are primarily...

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    In a nutshell, the economics of the project are primarily determined by the cost to extract the gold (AISC), the price of gold, and the initial capex required to begin operations.

    The size of the resource isn't even the most important factor in those calculations, let alone the sole factor.

    Material handling (mostly determined by strip ratio and grade) and ore processing are really the key drivers for the AISC. Price of gold is utterly out of our control; and capex is largely controlled by infrastructure needs and equipment needs - which in turn is only partly influenced by the overall size of the resource.
 
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