Nova Minerals - Lithium off-take? Large-scale Gold District. Now What?

Matthew Gordon,
Ptolemy Capital

32:13
10 Months ago

Nova Minerals is a minerals explorer and developer, listed on the ASX, focussed on district scale gold and advanced lithium projects in North America. Nova has 2 core projects: the flagship Estelle Gold Project, Alaska (poised for growth) and the Thompson Brothers Lithium-Cesium-Tantalum Project, Canada (cash flow ready). Lastly, Nova Minerals has a bonus project in the form of the Officer Hill Gold Project in Australia. All projects are in 'safe, favourable jurisdictions.' Nova Minerals has had a fairly stagnant share price this year, reflective of poor lithium market performance, and unable to take full advantage of the rise in the gold price since August; Nova Minerals started the year at $0.02AUD, rode the rising gold price to a peak of $0.07AUD in September, before falling back down to $0.036AUD today. Nova has a market cap of AU$33.55m. Gerteisen states the management intends to take the project all the way, evidenced by the managements teams' large personal investments in the project. They intend to make it the 'next world-class operation in Alaska.'

#Nova Minerals Ltd #Gold #Lithium #ASX #Christopher Gerteisen

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