Nova Mineral's (NVA AU)'s US Redomiciliation

• Dual-Listed (ASX, NASDAQ), Alaskan gold/antimony play Nova Minerals (NVA AU) is proposing a US redomiciliation, leading to a primary listing on the NYSE and a secondary Aussie listing (CDI).

• The move, as previously flagged last month, is predicated on Nova losing its foreign private issuer status, as the majority of its shares out are now held by US investors.

• Separately, Nova candidly responded to a short seller’s report that was “historical, selective, or non-material, and whether accurate or not, are wholly irrelevant to the Company’s operations, assets, or prospects“.

This is more a technical note - I don’t have a strong view on Nova Minerals (NVA AU).

This insight is, however, bullish.

I’m not bearish a US-based mining company receiving support from the US’s DoW.