NXM nexus minerals limited
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Ann: Positive Scoping Study for Crusader-Templar Gold Project, page-15

  1. robbo24
    11,344 Posts.
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    04/06/24
    12:27
    Post #: 74154534
    I reckon selling the ore subject of the scoping study to NST is a good idea. Give NST a discount on cashflow and let them have down to the depth of the SS. Economies of scale mean the real cost to NST to produce is bugger all, and means NXM gets a quick increase in cash. Also means future underground production under the two pits remains open for negotiation.
    NXM Price at posting: 4.7¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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