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

Matthew Gordon,
Ptolemy Capital

32:13

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

View Our
Nova Minerals Ltd
Company Profile
About Us
Crux Investor is a new market insight channel for those interested in understanding the junior mining world and opportunities to invest. Its purpose is to cut through a lot of the jargon, bias and bluster that is prevalent in this sector and hone-in on the most important factors that can indicate whether a company has a strong footing for growth and success.
Find Out More
Subscribe
Get an insight into how institutional investors evaluate the natural resource market. Hear from some of the most influential and successful people in the industry about how they made money investing in public markets. Learn key strategies, tactics and questions to allow you to make better, informed, comparative assessments.
Subscribe

Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situations or needs. You should not rely on any advice and / or information contained in this website or via any digital Crux communications. Before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice.

Crux Investor does not verify information provided by contributors or video interviewees on this site, and makes no assurance as to the adequacy, completeness or accuracy of any such information. Crux Investor steadfastly disclaims any liability or responsibility for the outcome of any investments made by users of this site or our branded affiliates. Users of this site (and our branded affiliates) should consult with their own financial advisors to assist them in making investment decisions. By accessing this site and our branded affiliates, you agree to the terms of service and privacy policy.