I rang the company today and they are obviously aware of what's...

I rang the company today and they are obviously aware of what's going on.

I like the play due to nearology, the fate of tenement E47/3477 and my chat with management today.

1. Nearology is self explanatory imo.
2. Tenement E47/3477 was dropped from our register because a nearby lithium explorer drilled for lithium and found nothing. As such out management let this pass several months ago.
More interestingly however is who insta-applied for the tenement; Grant’s Hill Gold Pty. Ltd.
Page 19 of the below Novo Resources Annual Report shows Grant’s Hill Gold Pty. Ltd. as a 100% owned subsidiary.

3. Management are clearly aware but they told me little. Basically they are keen to have some people out to have a look at the tenements and see if we can scrounge up some surface gold.
Not much else was said, but hopefully if this is arranged we can get an announcement on it OR at least an update in the Quarterly.

I suck with geology so i cant fill you guys in on conglomerates or rock formations.
I'm trying to learn on the go atm tbh. :\