NXM

2.44%

4.2¢ nexus minerals limited

Ann: RIU Explorers Conference Presentation, page-25

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39Bakewell

149 Posts.

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19/02/23

12:46

Post #: 66333321
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Originally posted by Dynamech: ↑

whilst I've been a believer in nexus 3 years plus now,
after 10 million spent plus on exploration, I'm starting to have my doubts! Hopefully this MRE surprises us all, other wise it will be several capital raises, a hell of a lot of drilling, substantial announcements and a share price that is worse off than it was 12 months ago, this time last year we were on track to be in the 40s which we achieved! After our fall from the 60s,

We are now at 18c,
3 years ago people were saying a takeover was imminent, and still today? If Nst where that desperate to feed the mill they would of made an offer already.

It's all well and good saying they are one of the largest holders (which they are) but it would be common sense to buy into something they can get for penny's (current price)
especially when nst capital is in the billions, nexus are nothing but a small haven gold deposit, that's until we come back with a decent MRE,
until then we are just going to stay in the current declining holding pattern until something extraordinary is discovered, right rocks means nothing until it's the right results and the right share price! My latest discussion with Nexus by email seemed like alot of un answered question's that kept cycling back to the already known facts,

GTALH

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Not a holder of Nexus at the moment (but I have been). I don't think companies like Northern Star like to make offers for explorers without the explorer making a resource estimate. Maybe someone has examples of where this has happened but usually they wait for the explorer to drill it out. NXM is looking on the cheap side IF you think they will have a million ounce plus resource. I like the story and am keeping my eye on Nexus.

NXM Price at posting: 18.0¢ Sentiment: Hold Disclosure: Not Held
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Ann: RIU Explorers Conference Presentation, page-25

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Ann: RIU Explorers Conference Presentation, page-25

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