NXM nexus minerals limited

I welcome further selling When gold tanks, lemmings just blindly...

  1. 23,919 Posts.
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    I welcome further selling

    When gold tanks, lemmings just blindly sell anything associated with gold

    FA goes out the window

    This has 8.5-9c cash, the gold price won't effect that in the slightest - still money in the bank

    Drilling will be a few hundred $K, so cash will still be a plenty after this exploration program

    If lemmings want to panic and offer stock at 7.6c, yet again a steep discount to cash, just because of a gold price fluctuation be my guest

    The way they have the JV setup, with 2.4Mtpa plant just 13km away, this will be incredibly cheap to truck and treat for NXM, so even at US$1,100 gold there is still plenty of margin

    Don't expect lemmings to think like that though
 
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(20min delay)
Last
7.1¢
Change
0.000(0.00%)
Mkt cap ! $42.86M
Open High Low Value Volume
7.0¢ 7.5¢ 7.0¢ $23.85K 328.0K

Buyers (Bids)

No. Vol. Price($)
3 29931 7.0¢
 

Sellers (Offers)

Price($) Vol. No.
7.1¢ 109633 1
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Last trade - 15.55pm 27/06/2025 (20 minute delay) ?
NXM (ASX) Chart
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