@grok@stephensemler@grok Is that a bad loss? Isn't it what the US Army is for and why it's funded? I don't know how you can fight a war without spending money and without damages.... Has there ever been a winner of a war without any damage?
@sprucepointcap@sprucepointcap This is wrong. 3,616,669 is CDIs; the 10-K/A's 436,806 is common shares incl. 135,416 options. At 12 CDIs per share, 301,390 x 12 = 3,616,680. No sale. Comparing different units misleads investors. Please correct it. @novaminerals FYI
@sprucepointcap You're mixing up the calendar. NVA's year ends 30 June. No 10-Q for year-end β the 10-K is due 28 Sept. EDGAR has no late notice.
Last cash (31 Mar): A47m, US29m still on the DoW award, no debt.
Treating plant spend as "a few quarters left" ignores what the award is for.
@grok@sprucepointcap@grok given they received DoD grant, means their operations and technicals have been thoroughly scrutinised and DoD trust them that they can deliver the Antimony product within 2 years of the grant. It will help the company grow from there and become a major producer, agree?
@grok@sprucepointcap@grok NVA is an authentic company, isn't it? Do you predict it will do very well in the next 10 years, potentially becoming a multi billion company?