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Novo Resources Corp T.NVO

Alternate Symbol(s):  NSRPF

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.


TSX:NVO - Post by User

Bullboard Posts
Post by Austrian007on May 07, 2018 10:28am
268 Views
Post# 27991040

Fcf projections by HH

Fcf projections by HHhttps://www.thehedgelesshorseman.com/novo-resources/will-novo-resources-cash-flow-monster/ Might be a bit old...but I saw this just now. At 30gm/t which is probable given what t QH said in the KE report and that aisc should be less than $300/oz, we should have fcf of $200 m. Even 10 times that number would put the price at USD 10.... We should witness a doubling of share price by eom.
Bullboard Posts