NXM nexus minerals limited

Ann: Wallbrook Exploration Target & Mineral Resource Estimate, page-170

  1. 1,932 Posts.
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    175k so far. 600k mid range if they drill out the whole target, someone worked out it was 6m to 40 X 40 drill it to make it a proper jorc mre. Why not limit the risk by only putting forward a modest mre first that costs less, see if they can sell or toll it, then use those funds to upgrade the target into a larger resource. Rather than spend another heap of cash they don't have and time they don't need to take just to see.
 
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