Undertaker Posted November 2, 2009 Report Share Posted November 2, 2009 I have been looking at Noventa Ltd (NVTA.L). Mines tantalum, previous board seems to have made some mistakes, current board has done a (successful) rights issue, and is reopening mine. Seems to me to be a good buy at 5.5p? Would be interested to see what everyone else makes of it? Link to comment Share on other sites More sharing options...
denarii Posted November 10, 2009 Report Share Posted November 10, 2009 I have been looking at Noventa Ltd (NVTA.L). Mines tantalum, previous board seems to have made some mistakes, current board has done a (successful) rights issue, and is reopening mine. Seems to me to be a good buy at 5.5p? Would be interested to see what everyone else makes of it? saw the prior ceo present at proactive i suppose around feb time. looked modestly interesting but i didnt investigate. not sure what went wrong but with the benefit of hindsight he did come across as a bit of a dreamer. also tantalite customer market is very concentrated and oversupplied this year i think which was another discouragement. gippsland also went under this year. for the minor metals i think there are better plays IMO but i might be wrong. Link to comment Share on other sites More sharing options...
Undertaker Posted March 7, 2010 Author Report Share Posted March 7, 2010 saw the prior ceo present at proactive i suppose around feb time. looked modestly interesting but i didnt investigate. not sure what went wrong but with the benefit of hindsight he did come across as a bit of a dreamer. also tantalite customer market is very concentrated and oversupplied this year i think which was another discouragement. gippsland also went under this year. for the minor metals i think there are better plays IMO but i might be wrong. Since then they are now up to 7.09p on very heavy volume: http://uk.finance.yahoo.com/q?s=NVTA.L Link to comment Share on other sites More sharing options...
Undertaker Posted March 17, 2010 Author Report Share Posted March 17, 2010 saw the prior ceo present at proactive i suppose around feb time. looked modestly interesting but i didnt investigate. not sure what went wrong but with the benefit of hindsight he did come across as a bit of a dreamer. also tantalite customer market is very concentrated and oversupplied this year i think which was another discouragement. gippsland also went under this year. for the minor metals i think there are better plays IMO but i might be wrong. Up 10% more today, I am wondering when to get out. Link to comment Share on other sites More sharing options...
denarii Posted March 17, 2010 Report Share Posted March 17, 2010 has the tantalum market recovered if so the book value of the company is quite high, no? Link to comment Share on other sites More sharing options...
Undertaker Posted April 26, 2010 Author Report Share Posted April 26, 2010 has the tantalum market recovered if so the book value of the company is quite high, no? Recovering. Its up to 9.75p today was as high as 11p. Mine has just reopened. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now