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2.04% 5.0¢ nex metals exploration limited

Ann: Commencement of Mining , page-24

  1. Randy Savage
    5,394 Posts.
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    13/01/12
    02:04
    Post #: 9544213
    The costs are in the 2009 AGM presentation.

    Toll treatment is for an initial 6 months which will bring in cashflow. Recommissioning the mill will make them an "official" producer.

    Shares on issue still a relatively low 136m. Some of these mining companies have almost 700m shares on issue which is a bit scary !!


    NME Price at posting: 8.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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