Accepting a takeover bid of under 40c is not on the cards. If the MRE comes in at 500k Oz I think that would be extremely conservative. The way NXM has set themselves up with future works doesn’t look like a takeover bid is even near with Andy chasing the right rocks in the next 3-4 corridors. It would have to north of 60c for Andy and the team to even consider. The takeover conspiracy has been going on for a long time. Start mining what we have and get some cash in the bank to fund the next drilling campaigns and prove up this monster and then in 9-12 months time when gold cracks the $2080 mark as forecast and I to believe, we start thinking about possible takeovers and the sale of NXM for the $1+ scenario.
haha pie in the sky? Maybe. I’m still happy to hold and wait from what I have seen to date.
All my opinion, DYOR
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Last
4.2¢ |
Change
0.001(2.44%) |
Mkt cap ! $16.34M |
Open | High | Low | Value | Volume |
4.2¢ | 4.2¢ | 4.2¢ | $14.70K | 350.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 147367 | 4.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.3¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 97367 | 0.042 |
1 | 102500 | 0.040 |
2 | 106724 | 0.039 |
4 | 460358 | 0.038 |
1 | 400000 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.043 | 10000 | 1 |
0.048 | 145000 | 2 |
0.050 | 50000 | 1 |
0.052 | 200000 | 1 |
0.053 | 33445 | 1 |
Last trade - 13.56pm 12/07/2024 (20 minute delay) ? |
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