Nova Res. Share Discussion Threads

[king suarez] 25/3/2013 10:39

Shenks,

Fair enough!

Only found out about this company recently, and I suspect it is well under the radar, very illiquid so hard to buy/sell in any quantity.

I think we may have to wait until HY results announced in June before people see the margins being generated and the market cap and do "the maths".

It may drop back a bit in the meantime, in which case I will add some more.

[shenks] 24/3/2013 19:30

No brainer here ££££££

[shenks] 24/3/2013 19:29

You can get all the info you from the company website.

[shenks] 24/3/2013 19:27

Operations
CASH GENERATIVE, HIGH MARGIN BUSINESS MODEL
On 17 January 2012 Nova Trans LLC, a wholly owned subsidiary of Nova Resources, entered into a contract with Energy Resources LLC, one of Mongolia's largest coking coal producers, to transport up to 3 million tonnes per annum of coking coal 245 kilometres from Energy Resources' Ukhaa Khudag coal mine in the South Gobi desert to Tsagaan Khad in Mongolia, on the Chinese border. Key contract details are:
The contract is for an initial one-year period with the option to extend for a second year, taking the contract up to 15 April 2014.
Trucking operations has commenced – contracted to truck 1.5 million tonnes of coking coal a year, with the option to increase this figure up to 3 million tonnes.
We have initially purchased 16 vehicles, each comprising a truck and two trailers, to deliver the contract, but expect that the fleet of vehicles will increase over time, as will our driver workforce and support network, which currently stands at over 50 employees.
Each vehicle (acquired at a cost of c. $180,000 per vehicle) has a loading capacity of 130 million tonnes and is expected to generate annual revenue of c. $700,000
Simple, cash generative, high margin business model.

[shenks] 24/3/2013 19:10

King Suarez your post is wonderful no crime in having more than 1 thread buddy we are on the same boat sailing to nirvana.

[king suarez] 24/3/2013 18:36

Those were all my posts - why start a new thread?

[shenks] 24/3/2013 17:39

CASH GENERATIVE, HIGH MARGIN BUSINESS MODEL
On 17 January 2012 Nova Trans LLC, a wholly owned subsidiary of Nova Resources, entered into a contract with Energy Resources LLC, one of Mongolia's largest coking coal producers, to transport up to 3 million tonnes per annum of coking coal 245 kilometres from Energy Resources' Ukhaa Khudag coal mine in the South Gobi desert to Tsagaan Khad in Mongolia, on the Chinese border. Key contract details are:
The contract is for an initial one-year period with the option to extend for a second year, taking the contract up to 15 April 2014.
Trucking operations has commenced – contracted to truck 1.5 million tonnes of coking coal a year, with the option to increase this figure up to 3 million tonnes.
We have initially purchased 16 vehicles, each comprising a truck and two trailers, to deliver the contract, but expect that the fleet of vehicles will increase over time, as will our driver workforce and support network, which currently stands at over 50 employees.
Each vehicle (acquired at a cost of c. $180,000 per vehicle) has a loading capacity of 130 million tonnes and is expected to generate annual revenue of c. $700,000
Simple, cash generative, high margin business model

[shenks] 24/3/2013 17:39

Worth listening to:

[shenks] 24/3/2013 17:38

The company initially purchased 16 trucks to transport 1.5m tonnes of coking coal for the first year. They have an option to boost this to 32 trucks to transport 3m tonnes of coal. Haven't seen any news to suggest they have increased the no.of trucks yet? So I will assume still at 16, generating $11.2m - $15.2m annual revenue depending on whether you go with $700k p/a from this website (below) or the one CF linked!? I would temper expectations for £5m profit for the first year. I think this would be based on 32 trucks. But even a couple of million would be exceptional for a company with no debt, small market cap and massive growth prospects with the coking coal industry in Mongolia. As they report, infrastructure is non-existent so trucking remains the only viable transport method. Therefore you can see the potential here, if the contracts are anywhere near as lucrative as forecast.

[shenks] 24/3/2013 17:37

Watch this share sky rocket

[king suarez] 22/3/2013 14:44

What does this have to do with Nova Resources?

[doodle1] 22/3/2013 10:59

KS - appreciated

[king suarez] 22/3/2013 10:53

They appear to produce final results in June (for yr ended Dec) and half year results in Sept (for 6 months ended June)

[yas27] 22/3/2013 10:46

Still plenty of upside here.

Results will be interesting.

[doodle1] 22/3/2013 10:43

interesting.....so when's their year-end results due anyone?

[sportsauto] 22/3/2013 10:36

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 ...

[tom5boy] 22/3/2013 09:43

Looks like this is a great to buy and hold.

[doodle1] 22/3/2013 09:42

horrible spread though

[moreforus] 22/3/2013 09:35

looks pretty good!

[yas27] 22/3/2013 09:27

Looking strong. Results soon.

[christianf12] 22/3/2013 09:21

Already paying more than yesterday