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Check out the Pilbara maps in the latest Investor Presentation. Novo marked five areas with a yellow dot showing where the Creasy Group had ALREADY found gold bearing conglomerates earlier. Looking good!
http://novoresources.com/investor-presentation.php
Can't wait for the Newmont BLEG results coming in June/July.
Found this on Youtube. Novo is mentioned around the 7:18 mark.
It's mainly the transcription of an February 18th interview on his radio show where he and Quinton discussed the Wits and Novo.
http://novoresources.com/articles.php
Jay Taylor also included this in the write-up:
"Quinton told me when I met with him at the PDAC that Newmont, which owns 32% of Novo, is sending a crew of people to Australia to work on this project. Newmont has no contractual obligation to do so. They apparently see Novo’s project in Australia, known as the Pilbara Project, as a phenomenal opportunity."
Go Novo!
I asked Leo Karabelas another question:
Do you happen to know whether the two large shareholders back in 2013 before the Newmont deal are still large shareholders today and what percentages of Novo they still own?
1) Richmond Partners
2) PineTree Capital
Leo replied and said:
yes, they hold 7m shares and pinetree probably holds about 2m
You guess is as good as mine!
Hopefully, it's "ten times good" like Bob Moriarty wrote today on his 321gold.com.
Go Novo!
Asked Leo Karabelas (VP of Corp Comm) earlier today several questions via email.
- Approx. how many shares will have been issued after all is said and done?
- Approx. how many fully diluted shares will exist after all is said and done?
- Approx. what percentage of Novo will Mark Creasy own as a result?
- Approx. how much cash will Novo have left after everything is finalized?
Leo wrote back and said:
- 23m shares to mark [creasy]
- about 86m shares fully diluted
- 28% ownership for Mark and 22% ownership for Newmont
- 9.5m in the bank