Not on the back-burner. Intent is the NVA will have a majority holding of the TSX-V listed entity.
Lithium still very firmly part of their strategy. The project should theoretically get a better valuation on the TSX-V where microcap lithium sentiment is better.
It’s just that gold is a very big part of their portfolio. Officer Hill is somewhat accidental. It was a sleeper asset in the Quantum Resources shell company that Nova Minerals morphed out of.
Big plus with the Lithium project for NVA is cashflow upside in a 2-3 year timeframe. If they push it hard it could be commissioning by end of 2020 but 2021 is more realistic.
Ann: Investor Presentation - Nova Positioned for Growth, page-9
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21.5¢ |
Change
0.010(4.88%) |
Mkt cap ! $38.96M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 22.0¢ | 21.0¢ | $46.44K | 217.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 24951 | 4 |
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