Happy New Year to all.
Primarily I’m invested in NVA for passive income from future dividends as well as capital growth. I’m not here short term, although will take some profits at some point ( that timing is driven by my own goals, not the fundamentals of NVA ).
I plan to buy more NVA in my Superannuation once NVA makes the ASX300 ( September is most likely timeframe for ASX300 since we would need 2-3 months with market cap above AUD $500M ). This planned holding is also for growth & future dividends. Will do this whether or not NVA is $0.30, $0.60, $0,90 etc due to my views on long term ( see below ).
People need to determine their own timeframes but NVA is a long term growth stock. Assume $1 plus in production then cashflow will fund their production growth ( they won’t have any trouble defining resources to grow production ).
Looking at NST’s growth after they bought Paulsen’s and started generating cash I can envisage NVA growing cashflow quickly from 2024-25. I think NVA will be an $8 to $10 stock by the end of the decade. They have other deposits in pipeline for resource definition ( RPM, etc ) and will also have room to expand production beyond an initial starter pit at Korbel
NST dividend growth below.
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