NXM nexus minerals limited
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A nice thought but it ain’t gonna happen…. I can’t see the...

  1. timbin4
    3,257 Posts.
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    28/07/22
    21:45
    Post #: 62792659
    A nice thought but it ain’t gonna happen…. I can’t see the bigger miners letting Crusader/Templar get away…. NST is the logical suitor.

    But if NST doesn’t move then it says to me they don’t view their existing Carosue Dam operation as a long term strategic asset (because they’d want to secure any high grade nearby ore to feed the mill - eg; Crusader/Templar) meaning that another big miner or aspiring mid tier operator could make a bigger play for a Carosue / NXM double…. well thats my take.
    NXM Price at posting: 26.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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