NXM nexus minerals limited

If RMS need a production plant that could be good news for...

  1. 302 Posts.
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    If RMS need a production plant that could be good news for NXM
    Word is that NST need more dirt as they aren't making enough from their own ground so there is no way that they would want RMS or anyone else setting up a new plant anywhere near them and taking potential quality supply away from their plant.
    This could start off a bidding war if either of these companies wanted NXM.
    Even though NXM aren't exhibiting at D&D's they will be a huge talking point, the results that keep coming along will be enough for any of the big boys to make an offer and soon. I can't see any take over bid being made without another opposition one ( at least ) also being tabled.
    Could be another Atlas Iron situation for me when Twiggy and Gina tried to outbid each other to get hold of it.
    Atlas was severely undervalued at the time at 1.7c but sold for over 5c so big premiums can be had if it is a quality asset.

    You never know!

    GLTAH's we deserve it
    Last edited by swingingpig: 27/07/22
 
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7.2¢
Change
-0.002(2.70%)
Mkt cap ! $43.47M
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7.2¢ 7.4¢ 7.1¢ $24.30K 336.6K

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7.6¢ 90000 1
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Last trade - 15.42pm 25/06/2025 (20 minute delay) ?
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