Thank you for your detailed and considered reply. You are correct about the monthly spend, so it's likely to see a CR at a much higher price in the next quarter. I suspect this is more likely to be targeted towards Institutions, and not NST (potential TO offer) or Sophisticated Investors.
Assuming NST would be interested in a TO, I suspect this would more likely be next year IMO after the resource is better defined and the SP better reflects the true value.
I remain very excited about the expected upcoming drilling results from the Branches and Solomon, and significantly extending the length of the resource.
Having watched the RIU conference video again, I note and highlight that the area from the Paint Prospect to the The Gap are on granted MLs. This means that any resource found can be mined as soon as 3 to 6 months. Therefore, the value of a granted M is particularly significant over other tenement.
Based on my research and IMO, I believe the SP will be above 40 again soon. Wish I made $1M cash so I could buy NXM myself.
I would also like to thank other posters for adding real value on this HC thread. Best wishes to all.
- Forums
- ASX - By Stock
- Ann: Broad High-Grade Gold Mineralisation Grows Crusader-Templar
NXM
nexus minerals limited
Add to My Watchlist
2.60%
!
7.9¢

Thank you for your detailed and considered reply. You are...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
7.9¢ |
Change
0.002(2.60%) |
Mkt cap ! $47.69M |
Open | High | Low | Value | Volume |
7.7¢ | 8.0¢ | 7.6¢ | $65.23K | 824.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | 7.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.9¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | 0.077 |
1 | 200000 | 0.075 |
1 | 40000 | 0.074 |
1 | 185000 | 0.071 |
1 | 30800 | 0.065 |
Price($) | Vol. | No. |
---|---|---|
0.079 | 100000 | 1 |
0.080 | 160000 | 2 |
0.084 | 20386 | 2 |
0.085 | 18418 | 2 |
0.087 | 12000 | 1 |
Last trade - 15.31pm 20/06/2025 (20 minute delay) ? |
Featured News
NXM (ASX) Chart |