Ann: March 2017 Quarterly Activities Report, page-2

I don't see any imputes for a share price appreciation here for at least another 2 or 3 months, meaning the shorting and selling pressure may continue, unless of course they have a left-field, exploration success.

I know my limitations in fully interpreting financials, so please pick my thoughts apart, but from my initial reading....

It seems that gains tend to have come from non-cash and rebate type reasons, offset by lower metal prices and/or lower grades being achieved.

At least Nova seems all on track now, and is being self-funded. In addition, the cash position has improved.

Overall.....meh.

Will be interesting to see the market reaction over the next week as all this is processed properly.

Milesy