NVA Valuations for 2019, page-14

Agree with advice you’ve been given Serena.

I emailed the guys to wish them happy new year and thank them for their efforts. They replied within a day or so.

Last I spoke to them the feedback I was given was they were bullish on Estelle, committed to Snow Lake and the fact they stumped up in the raise with 500k of their own money at 3.2c shows their faith in the company. Avi did say they’re sitting on a paper loss at these levels, does that make him happy - no. But they’ll work to achieve theirs and the shareholders goals. No one can help market sentiment, it is what it is, but this in my view is one of the best long term plays.....

If you have doubts suggest you call them, they’ll be more than happy to answer your questions

Cheers