NXM
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2.63% 3.9¢ nexus minerals limited

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

  1. Fredwah
    637 Posts.
    lightbulb Created with Sketch. 466
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    26/04/23
    12:40
    Post #: 67457478
    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.


    NXM Price at posting: 10.5¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
3.9¢ 		Change
0.001(2.63%) 		Mkt cap ! $15.17M
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3.9¢ 3.9¢ 3.9¢ $2.611K 66.95K

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4.0¢ 11483 1
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