Reflecting on Tuesday's Nexus announcement, I must say how disappointed it was to see the SP drift lower. I ask myself why as I want to learn for future investing, and I simply do not know, and I don't think others truly know neither.
The announcement was simply brilliant.
1. Great drilling results confirming the real probability of a 5 Klm strike length at Wallbrook along Corridor 1
2. Amazing drilling results at Clement along Corridor 2 and "in the Right Rocks".
When adding Corridor 2,3 & 4 to what we already know about Corridor 1, you need to ask why the SP has declined. The team at Nexus also expected to see a much higher SP after the announcement was released. Remember the gold is in the ground, and isn't going away. The Team is going a great job with continuous updates to the market. What more could the market ask for?
Recognising there are a lot of variables in play around the world markets presently, I have decided focus on what Warren Buffet has told us, again and again, "we should be greedy when others are fearful".
So, I shall continue to accumulate as we will see the SP return to its highs again. Nexus is simply too good.
Wishing everyone a wonderful weekend and best wishes with your investments. Remember to be patient and the rewards will come.
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nexus minerals limited
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Reflecting on Tuesday's Nexus announcement, I must say how...
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Last
6.0¢ |
Change
-0.001(1.64%) |
Mkt cap ! $36.22M |
Open | High | Low | Value | Volume |
6.1¢ | 6.3¢ | 6.0¢ | $161.0K | 2.668M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 5.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.0¢ | 188995 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 0.059 |
1 | 200000 | 0.056 |
1 | 500000 | 0.054 |
1 | 550000 | 0.052 |
1 | 60000 | 0.050 |
Price($) | Vol. | No. |
---|---|---|
0.060 | 188995 | 1 |
0.063 | 12754 | 1 |
0.067 | 95000 | 1 |
0.071 | 130000 | 1 |
0.072 | 387506 | 2 |
Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
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