Novo Resources Corp T.NVO.W.A

Primary Symbol: T.NVO Alternate Symbol(s): NSRPF

Metals & Mining Gold

Novo Resources Corp. is engaged in evaluating, acquiring, exploring, and developing natural resource properties with a focus on gold. The Company explores and develops its prospective land package covering approximately 7,500 square kilometers in the Pilbara region of Western Australia, along with the 22 square kilometer Belltopper project in the Bendigo Tectonic Zone of Victoria, Australia. The Company operates through two segments: care & maintenance operations and exploration operations.

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Novo Resources Corp > Sale of Nullagine Gold Project to Calidus Resources

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Comment by GildedWillie1on Dec 20, 2023 3:26pm

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Post# 35794421

RE:RE:RE:RE:Sale of Nullagine Gold Project to Calidus Resources

Its worse than that @mortgages101, the deal still requires novo to pay IMC back around $17 million over the next decade. So thast a minus $17 million amount after the $250 million spend. And yet we were bagged out for asking questions about the economics of watermelon seeds!

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