I think a value of $100 an oz is more than reasonable due to a Mill / All the required Infrastructure (NST) being nearby. A MRE of 1M oz would translate to a MC of 100M / a share price of approx. $0.31using those numbers. Ongoing positive results that increase that Maiden Resource Estimate over a 6 - 12 month period to 2M+ in a now Positive Gold Market and NXM is off to the races again. The Potential is still there / very good IMO.
Ann: Quarterly Activities Report, page-17
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NXM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
4.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.34M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 97367 | 4.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.3¢ | 10000 | 1 |
View Market Depth
| Last trade - 07.00am 15/07/2024 (20 minute delay) ? |
| NXM (ASX) Chart |
Day chart unavailable