NXM the next multi bagger, page-3153

First 3153 Last

Share
Profile

Follow
perdant

4,864 Posts.

810

10/04/24

15:59

Post #: 73280438
Share

Originally posted by bethanga: ↑

>Interesting there is a sell order in for 700,000 units at 60c
>if that gets pulled it will 15/1 buy sell ratio which we haven't seen for such a long time
>in hindsight hopefully the seller at 60c knows what's up! Fingers crossed

It may just be someone that has shares that are exercisable at that price.

I'm a local and I know a lot of other locals are interested in what happens with the drilling at Bethanga and I've spoken to a few that are putting their money where their mouth is. Givien the history of mining in the area, I think a lot of people are expecting the core samples to be very positive.

I've read a lot over the years about the history of mining here and have read everything I can about what NXM are doing and why they are doing it. It makes complete sense to me. The geology of the area, the history. The main reason mining stopped back in the early 1900's was because of issues with processing. Technology has come a long way in 100 years. That's the history of the area though, everything sort of stopped back in the early 1900's then nothing until 1987 when they did a little bit of drilling - then nothing until this year.

I don't know how much local money is pushing up the price at the moment, but it's got people talking.

Slightly related note, I "still own" shares in the original Bethanga Goldfields Capital Limited company that are framed on my wall (pictured).

Expand

Hi @bethanga,
I asked at the pub the second trip out there and the lady didn't know about the drilling.
Funny, you'd think the publican would be the first to hear about it.
Maybe she wasn't keen to disclose anything to a non-local.

I have made a few trips out there since drilling began.
https://hotcopper.com.au/posts/73001824/single
https://hotcopper.com.au/posts/72997947/single
https://hotcopper.com.au/posts/72997922/single

Anyway, welcome aboard
Perdy

NXM Price at posting: 8.2¢ Sentiment: Hold Disclosure: Held
6 Upvote

0 Great analysis

Reply

Top Stories

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

ASX Market Close: Bourse spins in circles as Israel-Iran conflict weighs | June 17, 2025

ASX Market Open: Shares down as Trump threatens 'real end' to Israel-Iran conflict | June 18

MEM

Many are concerned about global falling birthrates. This diverse stock has solutions

RCE

Recce locks in $30M to boost commercialisation across ASEAN region

First 3153 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 8.2¢		Change 0.000(0.00%)		Mkt cap ! $49.50M

Open	High	Low	Value	Volume
8.2¢	8.2¢	8.2¢	$658	8.025K

Buyers (Bids)

No.	Vol.	Price($)
1	10000	8.1¢

Sellers (Offers)

Price($)	Vol.	No.
8.2¢	91975	1

View Market Depth

No.	Vol.	Price($)
1	10000	0.081
4	45000	0.080
1	47562	0.077
2	56000	0.076
1	50000	0.075

Price($)	Vol.	No.
0.082	91975	1
0.084	20386	2
0.085	18418	2
0.086	12000	1
0.087	12000	1

Last trade - 13.06pm 17/06/2025 (20 minute delay)

NXM (ASX) Chart

NXM the next multi bagger, page-3153

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

ASX Market Close: Bourse spins in circles as Israel-Iran conflict weighs | June 17, 2025

ASX Market Open: Shares down as Trump threatens 'real end' to Israel-Iran conflict | June 18

Many are concerned about global falling birthrates. This diverse stock has solutions

Recce locks in $30M to boost commercialisation across ASEAN region

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

NXM the next multi bagger, page-3153

Top Stories

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

ASX Market Close: Bourse spins in circles as Israel-Iran conflict weighs | June 17, 2025

ASX Market Open: Shares down as Trump threatens 'real end' to Israel-Iran conflict | June 18

Many are concerned about global falling birthrates. This diverse stock has solutions

Recce locks in $30M to boost commercialisation across ASEAN region

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News