NXM nexus minerals limited
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Ann: Nexus Commences Drilling at Pinnacles JV Gold Project, page-23

  1. vontrader
    23,919 Posts.
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    12/11/15
    13:24
    Post #: 16379906
    Cash backing is 8.5-9c (depending on what r&d rebates they might have due)

    With drilling underway Id say you would be very lucky getting them at 7.5c or less

    There will no doubt be lemmings who try to tick this lower, but there is a buyer about. Someone sat all afternoon with 450k @8c and couldn't get filled

    Think we are more likely to see 9c get taken before 7-5-7c filled
    NXM Price at posting: 8.2¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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