Novo Resources Corp T.NVO

Alternate Symbol(s): NSRPF

Metals & Mining Gold

Novo Resources Corp. is a gold explorer focused on discovering gold projects. The Company is engaged primarily in the business of evaluating, acquiring, exploring, and developing natural resource properties with a focus on gold. It has a land package covering approximately 5,500 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. Its key project area is the Egina Gold Camp, where De Grey Mining is farming-in to form a JV at the Becher Project and surrounding tenements through exploration. The Company is also advancing gold exploration at Nunyerry North. It focuses on undertaking early-stage exploration across its Pilbara tenement portfolio. It has also formed a lithium joint venture with SQM Australia Pty Ltd (SQM) in the Pilbara, which provides shareholder exposure to battery metals. Its Belltopper Gold Project comprises the adjacent Malmsbury and Queens projects.

TSX:NVO - Post by User

Novo Resources Corp

Bullboard Posts

Post by Austrian007on May 07, 2018 10:28am

271 Views

Post# 27991040

Fcf projections by HH

https://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

From now on, dynaCERT instead of Bitcoin or NVIDIA?