NVAO options, $0.0325 strike, 31 August 2020 expiry, page-23

Looking at some peers for 52-week high to their current level.

AJM $0.50 to $0.15
KDR $2.48 to $1.085
SYA $0.12 to $0.0185
EUR $0.30 to $0.082
AVZ $0.37 to $0.074
BGS $0.835 to $0.16

Even the mighty PLS $1.245 to $0.625.

NVA $0.064 to $0.02

Certainly sector-wide conditions for lithium explorers & developers.

Would be crazy to rush the Snow Lake IPO with the terrible market conditions the last few months. They are also constrained by the TSX-V listing requirements.

Yes they’ve disappointed but they are adapting to recover, bringing additional expertise in. The next 6-10 months will be the real test for Estelle, particularly given the expanded exploration target. Quite sure the information gathered from incomplete campaign will be used to guide 2019 efforts. They collected some extensive rock chip data to better understand spread of mineralisation at surface. This will help drill-targeting.