Gday rabbitoh no fears here what so ever I’m fully aware of what’s going on here with NXM. It is purely and simply a lack of news as to where the share price is today and someone or some group is taking full advantage of the situation.
Once the news flow begins and it’s similar to or better than the announcements we received in the last 3-4 months of last year people will be jumping over one another to buy stock. I personally think that we are conservatively sitting on anywhere between 1-2 million ounces but this will take time and money to prove up of which NXM has plenty of for the time being.
Like Andy has previously stated if your not in the right rocks you may as well be on the moon and we are definitely in the right rocks.
Now we just sit and wait for confirmation of widths and grades.Remember we are just one hole away from a huge re-rating and hopefully it comes sooner rather than later for all NXM long shareholders.
Also don’t forget NST is watching with interest but they also want to be careful that someone else doesn’t come to the party and accumulate a blocking stake in the near future.
NST has a hungry mill very close by which will need more ore sooner or later and we just might have the ore they need. Plenty off upside from here and the current share price is no where near NXM’s future potential.
I continue to be a happy holder.
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