NXM nexus minerals limited

Thank you for your detailed and considered reply. You are...

  1. 3,284 Posts.
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    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.

    https://hotcopper.com.au/data/attachments/4334/4334891-69af00dc15c9f63ddae4356e3f801671.jpg

    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.


 
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(20min delay)
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
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Last trade - 15.31pm 20/06/2025 (20 minute delay) ?
NXM (ASX) Chart
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