NXM 5.45% 5.8¢ nexus minerals limited

Ann: Trading Halt, page-32

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  1. 20 Posts.
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    At some point before the end of the year there was a chance the price would have been held back with the market assuming it was cum a raise - either to get Pinnacles into production or for more drilling on all the strong targets, or both.

    Depending on size of this CR, they now have a clear run at bunch of good exploration targets and production early in 2021 without being held back from the funding perspective.

    The Board have never done a raise lightly - they must believe the value to be created is going to be far greater than a bit of dilution now.

    I'm excited....with a 6 month time frame - demand will be high i'm sure - hope they bring on long term holders in this raise , not flippers !

    GLTAH
 
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