Yes, it’s a play on that name. It can be read as “Nov IAListe” meaning “new IAList” where IAL stands for International Auxiliary Language. The name of the language Novial is from Nov IAL (nov international auxiliari lingue meaning new international auxiliary language).
I believe Novial is also a rather uncommon surname, possibly of Italy. I’d be interested if anybody knows more about the surname.
But getting back on topic, this story sounds very exciting and impressive.
It seems very appropriate for a dragon to speak in an ancient tongue. 
I hope the explanations about the “you” form of the verb were clear enough. Basically it depends on whether one is speaking to one person, when “you” is singular, or to more than one, when “you” is plural.
In modern standard English the distinction does not exist, but it is still used in the Yorkshire dialect, although possibly confined more to rural areas these days. I had a fellow student from Yorkshire when I was at university who was always saying thou and thee. 
For example, with the verb “to be” the Authorised version of the Bible uses:
I am
thou art
he/she/it is
we are
ye are
they are
Latin has the thou art/ye are distinction depending on whether it’s one person spoken to or more than one.
duplicate