NXM nexus minerals limited
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New MD was issued 600,000 options @ 10.5c Given that cash...

  1. vontrader
    23,919 Posts.
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    23/07/14
    19:13
    Post #: 13704512
    New MD was issued 600,000 options @ 10.5c

    Given that cash backing is 10.4c, it would be good to see him convert these

    Few impatient hands happy to sell under 7c still. Seems value here if they tie down a project in the next month or 2

    Cash burn was $44k last quarter, so they aren't wasting funds while they do DD
    Last edited by vontrader: 23/07/14
    NXM Price at posting: 6.6¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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