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NXM nexus minerals limited

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Ann: Exploration Update, page-20

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kurtle

213 Posts.

135

16/02/21

10:39

Post #: 51024288
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Originally posted by GordonAcko: ↑

I made a mistake thinking Pinnacles would provide cashflow like a couple of others I own whilst they explored opportunities and that the JV may provide stimulus. My error. 163k oz resource is now just 75.
March drill, who knows how long results will take in the present climate so expect another CR without any progress in resource. At least 10 weeks.
Walbrook Project has excellent indicators however purely speculative at the moment.
I understand that this is downramping however there are no catalyst for 1/2 2021 as I see it.

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Me too. I'm out. Potential for near term cash flow was a deciding factor to buy in to offset drilling costs and keep the register tight. Now that has changed and reverting to explorer changes the investment proposition for me. Too many other opportunities at present to consider. Good luck to all.

NXM Price at posting: 9.3¢ Sentiment: Sell Disclosure: Not Held
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2 Great analysis

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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

View Market Depth

No.	Vol.	Price($)
3	29931	0.070
1	195000	0.066
3	330800	0.065
1	450000	0.062
1	10000	0.056

Price($)	Vol.	No.
0.071	109633	1
0.074	17500	1
0.080	70000	2
0.084	20386	2
0.085	18418	2

Last trade - 15.55pm 27/06/2025 (20 minute delay)

NXM (ASX) Chart

Ann: Exploration Update, page-20

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Ann: Exploration Update, page-20

Top Stories

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Week 26 Wrap: Renewable gas fantasies; RBA July cut hope builds; copper's August peak?

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News