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Novo Resources Corp T.NVO

Alternate Symbol(s):  NSRPF | T.NVO.W.A

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.


TSX:NVO - Post by User

Novo Resources Corp
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Post by BuccaneerIsndron Aug 18, 2022 8:26pm
128 Views
Post# 34906258

Claudius Resources

Claudius ResourcesBraindead Jimbo.

jimbowie  No impropriety. They made money on the sale to Claudius Resources in 2021 and didn't lose too much on production. Shocking how things went bad at the end of 2021 and in 2022 to date. I note that Novo incurred $23 million of G & A in the first half of 2022. Huge increases from 2016 to current as shown in my last post above. Novo needs to cut G & A costs big time.

Bucco
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