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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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Symbol Data

Symbol Currency
CVE:NVO CAD
OTCMKTS:NSRPF USD

Description

Novo Resources Corp are a gold focused junior near-term producer with one producing mine in Australia and exploration properties. Currently they produce roughly per year. They have approximately 1Moz. of gold in the reserves and resources category of which 0.5Moz. are in the measured and indicated category. They have a market capitalisation of ~C$502.8M which is a fall of roughly 22% over the last five months. As of 07/09/2020 they have no debt and ~C$21.42M cash. They have 188M shares outstanding and trade on the Canadian Venture Exchange and the over-the-counter markets.

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General Details

Financial 07/09/2020
Last
Analysis
Data

Current Data

Change
Item Value Value Updated Value
Mkt. Cap (FD): $642.67M $502.80M 07/09/2020 $-139.86M
Total Assets: $73.84M $76.51M 07/09/2020 $2.68M
Total Liabilities: $4.43M $4.59M 07/09/2020 $0.16M
Current Assets: $20.67M $21.42M 07/09/2020 $0.75M
Current Liabilities: $2.95M $3.06M 07/09/2020 $0.11M
Total Debt: $0.00M $0.00M 07/09/2020 $0.00M
Cash: $20.67M $21.42M 07/09/2020 $0.75M
Enterprise Value: $621.99M $481.38M 04/03/1985 $-140.61M
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 07/09/2020 n/a
Tax Rate: (guess)  30.00% (default)  30.00% 07/09/2020 0.00%
Misc 07/09/2020
Last
Analysis
Data

Current Data

Change
Item Value Value Updated Value
Shares Outstanding: 188,262,000 188,262,000 07/09/2020 0
Shares (FD): 217,600,000 217,600,000 07/09/2020 0
Insider Ownership: n/a 40% 07/09/2020 40%
Company Type: Mostly Gold Mostly Gold never n/a
Production ETA: n/a 08/01/2018 07/09/2020 n/a
Production (Gold Eq Oz.): (guess) 
0
(guess) 
0
07/09/2020 0
Production (Silver Eq Oz.): (guess) 
0
(guess) 
0
07/09/2020 0
Initial CapEx (Outstanding): n/a n/a 07/09/2020 n/a
Funding Option: n/a n/a 07/09/2020 n/a
Documentation: none none 07/09/2020 n/a
Value Adjustment: none none never 0%

Resource Data

GOLD 07/09/2020
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 07/09/2020 0.00M
Measured & Indicated: 0.50M 0.50M 07/09/2020 0.00M
Inferred: 0.50M 0.50M 07/09/2020 0.00M
Reserves & Resources: 1.00M 1.00M never 0.00M
P
L
A
U
S
I
B
L
E
Proven & Probable: n/a n/a 07/09/2020 0.00M
Measured & Indicated: 0.34M 0.34M 07/09/2020 0.00M
Inferred: 0.21M 0.21M 07/09/2020 0.00M
Reserves & Resources: 0.55M 0.55M never 0.00M
C
U
R
R
E
N
T
Annual Production: n/a n/a 0oz.
Cash Cost: n/a n/a 07/09/2020 $0.00
Extra Operating Cost: n/a n/a 07/09/2020 $0.00
Average Grade: 1.00 g/t 1.00 g/t 07/09/2020 n/a
Recovery Rate: (CG)  85.00% (CG)  85.00% 07/09/2020 0.00%
F
U
T
U
R
E
Proven & Probable: 4.00M 4.00M 07/09/2020 0.00M
Annual Production: 200,000oz. 200,000oz. 07/09/2020 0oz.
Cash Cost: $850 $850 07/09/2020 $0
Extra Operating Cost: $400 $400 07/09/2020 $0
SILVER 07/09/2020
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 07/09/2020 0.00M
Measured & Indicated: n/a n/a 07/09/2020 0.00M
Inferred: n/a n/a 07/09/2020 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 07/09/2020 0.00M
Measured & Indicated: n/a n/a 07/09/2020 0.00M
Inferred: n/a n/a 07/09/2020 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 07/09/2020 $0.00
Extra Operating Cost: n/a n/a 07/09/2020 $0.00
Average Grade: n/a n/a 07/09/2020 n/a
Recovery Rate: n/a n/a 07/09/2020 0.00%
F
U
T
U
R
E
Proven & Probable: n/a n/a 07/09/2020 0.00M
Annual Production: n/a n/a 07/09/2020 n/a
Cash Cost: n/a n/a 07/09/2020 n/a
Extra Operating Cost: n/a n/a 07/09/2020 n/a

Property

Last Analysis Data  (07/09/2020)
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
Production Western Australia, Australia Nullagine 100% (guess) 64,000 Both show
1.2 million oz resources at 1.1 gpt
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): 990,600  

Profitability (by resource)

Proven &
Probable
07/09/2020
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
07/09/2020
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.): 0.50M 0.50M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a -9.28M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 0.34M 0.34M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a -6.31M
Maximum Profit (Gold): $131.66M $133.66M n/a $2.00M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $131.66M $133.66M n/a $2.00M
Max Profit / Current MCap: 0.205 0.266 n/a 0.061
Max Profit Per Share (Gold): $0.61 $0.61 n/a $0.01
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $0.61 $0.61 n/a $0.01
Total Free Profit Per Share: $0.00 $0.00 n/a $0.00
FD Mkt. Cap / Gold Eq.: $1,890.20 $1,478.83 n/a $-411.37
FD Mkt. Cap / Silver Eq.: $19.53 $18.91 n/a $-0.62
FD Mkt. Cap / Per Metal
as % Spot Price:
104.82% 81.63% n/a -23.19%

Reserves &
Resources
07/09/2020
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.): 1.00M 1.00M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a -18.57M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 0.55M 0.55M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a -10.26M
Maximum Profit (Gold): $213.95M $217.20M n/a $3.25M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $213.95M $217.20M n/a $3.25M
Max Profit / Current MCap: 0.333 0.432 n/a 0.099
Max Profit Per Share (Gold): $0.98 $1.00 n/a $0.01
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $0.98 $1.00 n/a $0.01
Total Free Profit Per Share: $0.00 $0.00 n/a $0.00
FD Mkt. Cap / Gold Eq.: $1,163.20 $910.05 n/a $-253.15
FD Mkt. Cap / Silver Eq.: $12.02 $11.63 n/a $-0.38
FD Mkt. Cap / Per Metal
as % Spot Price:
64.51% 50.23% n/a -14.27%

Future Valuation (Cash Flow & Totals)

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