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Novo Resources Corp

www: www.novoresources.com   email: leo@novoresources.com
Category: Junior: Near-term Producer
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Notes
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Your Data

Symbol Data

Symbol Currency
CVE:NVO CAD
OTCMKTS:NSRPF USD

Description

Novo Resources Corp are a gold focused junior near-term producer with exploration properties in Australia and Canada. They have approximately 0.8Moz. of gold in the reserves and resources category of which 0.3Moz. are in the measured and indicated category. They have a market capitalisation of ~C$386.5M which is a rise of roughly 15% over the last three months. As of 07/06/2019 they have no debt and ~C$32.48M cash. They have 179M shares outstanding and trade on the Canadian Venture Exchange and the over-the-counter markets.

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General Details

Financial 07/06/2019
Last
Analysis
Data

Current Data

Change
Item Value Value Updated Value
Mkt. Cap (FD): $337.18M $386.50M 09/30/2019 $49.32M
Total Assets: $114.33M $94.42M 09/30/2019 $-19.91M
Total Liabilities: $4.57M $4.53M 07/06/2019 $-0.04M
Current Assets: $53.35M $32.48M 09/30/2019 $-20.87M
Current Liabilities: $3.05M $3.02M 07/06/2019 $-0.03M
Total Debt: $0.00M $0.00M 07/06/2019 $0.00M
Cash: $53.35M $32.48M 09/30/2019 $-20.87M
Enterprise Value: $283.82M $354.02M 03/21/1981 $70.19M
Cash Flow: $0.00M $0.00M never $0.00M
Cash Flow Multiple: 0.00 0.00 never 0.00
Net Debt to
Cash Flow Ratio:
n/a n/a never 0.00
Finance within 1 year: Yes Yes 07/06/2019 n/a
Tax Rate: (guess)  30.00% (default)  30.00% 07/06/2019 0.00%
Misc 07/06/2019
Last
Analysis
Data

Current Data

Change
Item Value Value Updated Value
Shares Outstanding: 178,000,000 178,860,000 09/30/2019 860,000
Shares (FD): 202,000,000 203,850,000 09/30/2019 1,850,000
Insider Ownership: n/a 40% 09/30/2019 40%
Company Type: Mostly Gold Mostly Gold never n/a
Production ETA: n/a 08/01/2018 07/06/2019 n/a
Production (Gold Eq Oz.): (guess) 
0
(guess) 
0
07/06/2019 0
Production (Silver Eq Oz.): (guess) 
0
(guess) 
0
07/06/2019 0
Initial CapEx (Outstanding): n/a n/a 07/06/2019 n/a
Funding Option: n/a n/a 07/06/2019 n/a
Documentation: none none 09/30/2019 n/a
Value Adjustment: none none never 0%

Resource Data

GOLD 07/06/2019
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
O
U
N
C
E
S
T
O
T
A
L
Proven & Probable: n/a n/a 07/06/2019 0.00M
Measured & Indicated: 0.30M 0.30M 07/06/2019 0.00M
Inferred: 0.50M 0.50M 07/06/2019 0.00M
Reserves & Resources: 0.80M 0.80M never 0.00M
P
L
A
U
S
I
B
L
E
Proven & Probable: n/a n/a 07/06/2019 0.00M
Measured & Indicated: 0.20M 0.20M 07/06/2019 0.00M
Inferred: 0.21M 0.21M 07/06/2019 0.00M
Reserves & Resources: 0.42M 0.42M never 0.00M
C
U
R
R
E
N
T
Annual Production: n/a n/a 0oz.
Cash Cost: n/a n/a 07/06/2019 $0.00
Extra Operating Cost: n/a n/a 07/06/2019 $0.00
Average Grade: 1.50 g/t 1.50 g/t 07/06/2019 n/a
Recovery Rate: (CG)  85.00% (CG)  85.00% 09/30/2019 0.00%
F
U
T
U
R
E
Proven & Probable: 4.00M 4.00M 07/06/2019 0.00M
Annual Production: 200,000oz. 200,000oz. 07/06/2019 0oz.
Cash Cost: $850 $850 07/06/2019 $0
Extra Operating Cost: $400 $400 07/06/2019 $0
SILVER 07/06/2019
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
O
U
N
C
E
S
T
O
T
A
L
Proven & Probable: n/a n/a 07/06/2019 0.00M
Measured & Indicated: n/a n/a 07/06/2019 0.00M
Inferred: n/a n/a 07/06/2019 0.00M
Reserves & Resources: n/a n/a never 0.00M
P
L
A
U
S
I
B
L
E
Proven & Probable: n/a n/a 07/06/2019 0.00M
Measured & Indicated: n/a n/a 07/06/2019 0.00M
Inferred: n/a n/a 07/06/2019 0.00M
Reserves & Resources: n/a n/a never 0.00M
C
U
R
R
E
N
T
Annual Production: n/a n/a 0oz.
Cash Cost: n/a n/a 07/06/2019 $0.00
Extra Operating Cost: n/a n/a 07/06/2019 $0.00
Average Grade: n/a n/a 07/06/2019 n/a
Recovery Rate: n/a n/a 07/06/2019 0.00%
F
U
T
U
R
E
Proven & Probable: n/a n/a 07/06/2019 0.00M
Annual Production: n/a n/a 07/06/2019 n/a
Cash Cost: n/a n/a 07/06/2019 n/a
Extra Operating Cost: n/a n/a 07/06/2019 n/a

Property

Last Analysis Data  (07/06/2019)
Stage Location Name Owned Size (Ha) Type Au Ag Cu Notes
Exploration Western Australia, Australia Beatons Creek 100% (guess) 900 Both show
first 43-101 in 2012 at 500,000 oz at 1.5 gpt. Only 16,000 meters of drilling.

This is a small part of the Beatons Creek property.
Exploration Australia Beatons Creek (larger area) 70% (guess) 55,000 Open Pit show
Early exploration.

70% JV
Exploration Western Australia, Australia Karratha 100% (guess) 750,000 Both show
They own 100% of most of this property.

Purdy's Reward (15,000 Hectares): 50%
Comet Well (48,000 Hectares): 80%
Exploration Western Australia, Australia Marble Bar 70% (guess) 120,000 Both show
early exploration
Exploration Western Australia, Australia Talga Talga 100% (guess) 500 n/a show
Early exploration
Exploration British Columbia, Canada Tuscarora 100% (guess) 200 Both show
Early exploration
Total Land Package Size (ha): 926,600  
Current Data
Stage Location Name Owned Size (Ha) Type Au Ag Cu Notes
Exploration Western Australia, Australia Beatons Creek 100% (guess) 900 Both show
first 43-101 in 2012 at 500,000 oz at 1.5 gpt. Only 16,000 meters of drilling.

This is a small part of the Beatons Creek property.
Exploration Australia Beatons Creek (larger area) 70% (guess) 55,000 Open Pit show
Early exploration.

70% JV
Exploration Western Australia, Australia Karratha 100% (guess) 750,000 Both show
They own 100% of most of this property.

Purdy's Reward (15,000 Hectares): 50%
Comet Well (48,000 Hectares): 80%
Exploration Western Australia, Australia Marble Bar 70% (guess) 120,000 Both show
early exploration
Exploration Western Australia, Australia Talga Talga 100% (guess) 500 n/a show
Early exploration
Exploration British Columbia, Canada Tuscarora 100% (guess) 200 Both show
Early exploration
Total Land Package Size (ha): 926,600  

Profitability (by resource)

Proven &
Probable
07/06/2019
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
Percentage Gold: n/a n/a n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): n/a n/a n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 0.00M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: n/a n/a n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 0.00M
Maximum Profit (Gold): n/a n/a n/a $0.00M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: n/a n/a n/a $0.00M
Max Profit / Current MCap: n/a n/a n/a 0.000
Max Profit Per Share (Gold): n/a n/a n/a $0.00
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: n/a n/a n/a $0.00
Total Free Profit Per Share: n/a n/a n/a $0.00
FD Mkt. Cap / Gold Eq.: n/a n/a n/a $0.00
FD Mkt. Cap / Silver Eq.: n/a n/a n/a $0.00
FD Mkt. Cap / Per Metal
as % Spot Price:
n/a n/a n/a 0.00%
Measured &
Indicated
07/06/2019
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 0.30M 0.30M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a -2.22M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 0.20M 0.20M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a -1.51M
Maximum Profit (Gold): $21.25M $33.93M n/a $12.68M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $21.25M $33.93M n/a $12.68M
Max Profit / Current MCap: 0.063 0.088 n/a 0.025
Max Profit Per Share (Gold): $0.11 $0.17 n/a $0.06
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $0.11 $0.17 n/a $0.06
Total Free Profit Per Share: $0.00 $0.00 n/a $0.00
FD Mkt. Cap / Gold Eq.: $1,652.83 $1,894.59 n/a $241.76
FD Mkt. Cap / Silver Eq.: $17.68 $22.01 n/a $4.33
FD Mkt. Cap / Per Metal
as % Spot Price:
118.16% 127.36% n/a 9.20%

Reserves &
Resources
07/06/2019
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 0.80M 0.80M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a -5.93M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 0.42M 0.42M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a -3.09M
Maximum Profit (Gold): $43.38M $69.27M n/a $25.89M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $43.38M $69.27M n/a $25.89M
Max Profit / Current MCap: 0.129 0.179 n/a 0.051
Max Profit Per Share (Gold): $0.21 $0.34 n/a $0.13
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $0.21 $0.34 n/a $0.13
Total Free Profit Per Share: $0.00 $0.00 n/a $0.00
FD Mkt. Cap / Gold Eq.: $809.55 $927.96 n/a $118.42
FD Mkt. Cap / Silver Eq.: $8.66 $10.78 n/a $2.12
FD Mkt. Cap / Per Metal
as % Spot Price:
57.87% 62.38% n/a 4.51%

Future Valuation (Cash Flow & Totals)

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