NXM 0.00% 5.5¢ nexus minerals limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-44

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  1. 10,075 Posts.
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    OK thanks but 2.81% is meaningless. If NST were at all interested they would have at least 10%
    Proximity is important but scale is critical. Wishful thinking that NST will TO a minnow like NXM.
    Which isn't to say that NXM couldn't be in production in time and become a multi 100m $ company.
    But it's a long way off and with no foundation investor in a binding subscription agreement it is a tough road ahead.
    Looks like a 5 years development timeline imo
 
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