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NOVA Nova Res.

0.125
0.00 (0.00%)
30 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Nova Res. NOVA London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 0.125 00:00:00
Open Price Low Price High Price Close Price Previous Close
0.125 0.125
more quote information »

Nova Res. NOVA Dividends History

No dividends issued between 30 Dec 2014 and 30 Dec 2024

Top Dividend Posts

Top Posts
Posted at 27/1/2014 08:41 by skier100
I was in Nova for the +250% rise in one day recently. But the CEO has a historic fondness for issuing cheap shares during spikes. And the profit from the new EG deals is only worth a few hundred thousand Pounds per year at best, it seems. And AIM is in a bear market now. I hope Nova goes up for you guys, though. BOL.
Posted at 20/1/2014 18:36 by skier100
An astonishing day for NOVA. Rose +250% in 1 morning. Trading volumes were 300 times above the daily average today.
Posted at 20/1/2014 11:08 by double6
SRO... Spitfire Oil

Capped at £1.5mln after recent share buyback.

Cash = £3mln.

NOVA has shown what an eventual investment can do to the share price ...
Posted at 28/8/2013 11:32 by proothi12
nova should be much more up than this. The new shareholder must be confident of great news coming. strating buying at these prices.
Posted at 09/4/2013 07:11 by moreforus
ryan as if you read the results pdf you'll see they will be increasing coal output capacity to 15 mill tonnes pa (with a third processing module at UHG) with a 12 mill target for 2013 but have a maximum capacity to ship 12 mill....they also will never have a 100% utilization of their fleet - NOVA can make up the stop gap.

in NOVAs results they say the contract is until 2014 and revenue generation started in August.
Posted at 09/4/2013 07:06 by ryan83
M4, why would they want to renew the NOVA contract if its twice as dear than using their own fleet? Do they have the fleet capacity or is third party contractors cheaper than expanding the fleet.

So costing them 18.1 usd per tonne? NOVA contracted for 1.5mn tonnes per year, commenced June 2012. So 0.75 m tonnes June to Dec at 18.1 usd = 13.5mn usd or 848k usd per vehicle per six months. options to increase this to 3 mn tonnes as well as the 12 month extension.

Per NOVA the revenue per vehicle would be 700k per year per vehicle, short of the implied 848k above. D they use other third party long haul contractors? If they do, maybe they are more expensive than NOVA and a good reason to extend not only the contract but the tonnage.

Lets see what happens....
Posted at 22/3/2013 10:36 by sportsauto
NOVA trucking 24 hours a day since last June ......multi miilion £'s profits rolling in with 16 trucks & double trailers ...£££££

NOVA TRANS Coal transportation camp


Published on Jun 10, 2012
first 5 trucks and 5 trailers arrived



NOVA TRANS Night time Coal Trucking


Published on Aug 29, 2012
24 Hour Trucking with two trailers ...
Posted at 21/3/2013 14:10 by christianf12
sportsauto 21 Mar'13 - 14:08 - 233056 of 233056

NOVA
....US$8 MIILIION profit forecast in the first year, 2012

Nova will be initially operating with a fleet of 32 trucks and 64 trailers, with loading capacity of 140 tons for each truck. The agreement offers a competitive freight charge of US$0.08 per ton per kilometre, which would generate around US$950,000 revenue per truck per annum. With this, the company expects to target approximately US$30 million in revenue and US$8 million in net profit in the first year, 2012. Nova arranged a temporary camp to support the early stage of trucking operation, while the construction of permanent camp is being setup. Nova plans to increase its fleet size significantly in the succeeding years.
Posted at 21/3/2013 14:05 by joosepi
Nova Res. Share Price - London South East
shareprice=NOVA
London South East Logo | UK Share Price information .... Daniel Stewart retained its "buy" stance on Nova Resources (NOVA) with a target price of 11p. ... Stewart believes that Chinese demand for Mongolian coal will rise dramatically, noting mining research consultant Wood Mackenzie's forecast of 394% growth by 2015.
Posted at 25/5/2012 07:10 by andrbea
up 3% at open
yesterday's rns

24 May 2012
Nova Resources Limited
("Nova" or "the Company")
Commencement of Trucking Operations
Nova is pleased to announce that Nova Trans LLC shall commence trucking operations on 5 June 2012.
Nova Trans LLC has initially purchased 16 vehicles, each comprising a truck and two trailers and will commence its trucking operations with these vehicles pursuant to the coal transportation services contract with Transgobi LLC. It expects that the fleet of vehicles will be increased over time. Nova will make announcements in relation to this as and when appropriate.
Nova is also pleased to announce that the construction of the temporary workers camp has been completed.
About Nova Resources
Nova is a natural resources investment company that focuses on acquiring and developing businesses providing services and facilities to the natural resources industries, in particular exploration, mining and the extraction of resources. Through its 100% owned Mongolian subsidiary Nova Trans LLC, Nova is currently focused on the establishment of large volume road haulage coal transportation operations in Mongolia.

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