Ann: Investor Presentation, page-8

Global uncertainty ?

That is such a throw around word. When was the last trading day someone said we are in a certain market, or that global uncertainty was less than other days ?

Not to mention, global uncertainty only further encourages flight to safety - gold

The only things that matter to NXM is the gold price and in terms of Au it is actually trading at multiyear highs - just $100 or so off all time highs actually

Not being in cashflow for years is irrelevant, the same could be said for 95-99% of exploration plays, yet they still attract some project EV