NXM the next multi bagger, page-208

I have run a report on my gold nerd spreadsheet.

The companies below meet the following criteria:

1) Western Australian projects
2) Producing between 7,000 and 62,000 ounces per year
3) Have future production for next 12 months (no short term stockpile treaters)

What we see is some possibly interesting metrics based on production and market cap.

If we assume tailings processing, pre-sales and existing capital can get us up and running (i.e. current number of shares stays in place) then NXM production could be reflected in the 28 - 127 cent range.

This is only taking into account my understanding of the Pinnacles starter project starting Q1 2021.