NXM 2.63% 3.9¢ nexus minerals limited

Ann: Wallbrook Exploration Target & Mineral Resource Estimate, page-50

  1. 635 Posts.
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    AT needs to remove the Carosue Dam comparison info from the presentation after his multi-million ounce gold camp turns up with a mere 175koz.

    175koz @ $32/oz (BRB sale price) = 5.6M = supports a SP of 1.7c
    175koz @ $100/oz (very doubtful) = 17.5M = supports a SP of 5.4c

    NXM at 10.5 (MC $34M) still looks overpriced.


 
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