Not really surprising there is so much confusion about the way forward with Novo, as the companies strength is certainly not in keeping the market informed, and observers have to rely on commentators guessing or making up projections. At present they are clearly divided, some saying its a "license to print money" while others say it may never be mined.
If your a Novo fanboy then you will ignore just aboutveverything the company says and go with those commentators that make ridiculous claims. Objective people might say, lets just forget the hype and look at the reality.
Part of the problem is that Dr Hennigh is a nice man by all accounts, and quite intelligent in a very narrow field. He obviously gets bored easily and hence we see him jump on to the next challenge without finishing anything. We see this from his early PhD days right through to the
Present where he chops and changes Beatons Creek to Purdys Reward to Comet Well to Tomra to Egina.
Unfortunatey and with great reluctance (at a guess) Eric Sprott has been forced to intervene. All of the projects mentioned need to be progressed to completion, and when Dr Hennigh moves on its time a practical geologist takes over. Obviouly there is resistance to this from Hennigh, hence the mess becoming public via the village ramper.
If Sprott is foiled in his plans it will be a long wait for Novo holders, who will have to put up with more of the same, and a SP that reflects this. KAI and others wishing to progress their conglomerate might at last realise its pretty simple stuff, not rocket science, and all the geological theories are not of much help....so will have to advance this new deposit type themselves. The idea of waiting for Novo to show the way has proven to be a failure.
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Last
1.7¢ |
Change
0.003(21.4%) |
Mkt cap ! $34.20M |
Open | High | Low | Value | Volume |
1.5¢ | 1.7¢ | 1.4¢ | $142.6K | 9.557M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 736100 | 1.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 1764299 | 4 |
View Market Depth
No. | Vol. | Price($) |
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14 | 3759779 | 0.009 |
19 | 5396390 | 0.008 |
6 | 2738571 | 0.007 |
7 | 7223888 | 0.006 |
4 | 4028888 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 518919 | 2 |
0.011 | 6263010 | 14 |
0.012 | 2862503 | 3 |
0.013 | 1172158 | 5 |
0.014 | 1300000 | 3 |
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