Interesting when you consider the "Economic extraction" test applied to the JORC of NXM. As price goes up, so does the ore suitable for economic extraction. The resource grows with the gold price.
Ann: Corporate Presentation, page-51
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Last
4.5¢ |
Change
-0.003(6.25%) |
Mkt cap ! $17.50M | |||
| Open | High | Low | Value | Volume |
| 4.7¢ | 4.7¢ | 4.5¢ | $35.02K | 761.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 449999 | 4.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.7¢ | 170000 | 2 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
4.5¢ |
Change
-0.003 ( 6.25 %) |
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| Open | High | Low | Volume | ||
| 4.6¢ | 4.6¢ | 4.5¢ | 196501 | ||
| Last updated 15.24pm 07/06/2024 ? | |||||
| NXM (ASX) Chart |