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

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Comment by MandalorianFetton May 22, 2020 7:04pm

38 Views

Post# 31063257

RE:RE:RE:RE:RE:RE:RE:I was wondering Tx

MandalorianFett wrote:

firewitch wrote:

MandalorianFett wrote:

firewitch wrote:

MandalorianFett wrote:

firewitch wrote:

MandalorianFett wrote:
If Robert is right and anything 10 years out and more is discounted to zero by the market and say nvo doesnt produce what it does have for the next 10 years because they are testing this and that, then does it mean nvo is worth nothing? Im just thinking out loud.

Fettso

What time zone are you operating in Fettso ? Do you realise our manager may just be getting up to enjoy a Saturday morning breakfast . I am wondering if he has cornflakes . You obviously realise that cornflakes are a breafast cereal made by toasting flakes of corn . Bad timing Fettso . Bad mistake . I am going to have to call you Toxic Fetts (Im sure Robert would approve!) if you go on like this . I am even going to have to mend your rotten ways :-))
FW

Im just trying to start him off on the right foot fw. Now a question for you also. These sorting machines supposedly run 40 tph. But they ran 5 tonne samples through each machine and it took 5 months to do that. Say 30.5 days in a month. So how many tph did those machines really do?

Fetts

Too many variables for me this late on a Friday evening over here in Southern Europe . I need to know how many hours those sorting machines were actually operational during that 5 months .
I am actually still trying to sort out the Bayhorse operational throughput ,and maths was never my forte even in my youth ,all those years ago . The doer and the thinker . No allowance for the other . I give up :-)
FW

Assume they were running 24 hours a day for the full 5 months.

Fetts

Now ,how many 5 tonne samples and how many machines running at 24 hours a day for 5 months ? That doesnt sound a very feasible operation BTW . A meaningless arithmetic calculation ,for all the reasons that Tx gave . But I will hazard the guesstimate answer you are looking for .... less than 40 tph .
But with those circumstantial estimated metrics ...so what ? Its getting rather late over here and it may be my turn to retire to my lounge to address some pressing issues :-)
FW

Im trying to see how many questions I can get in before Tx calls me a dyck:)

Fetts

When winkin says he had a good conversation with Eric can you tell me what % of that time was talking about the pilbar and what % was talking about fshing?

Fetts

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