NES 0.00% 0.3¢ nelson resources limited.

Ann: NES Rights Commence Trading & Presentation, page-4

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  1. 223 Posts.
    lightbulb Created with Sketch. 59
    Perhaps people just finding out about this one. Well priced raise at 3.8c including two year 8 cent options (1 for 2). I assume they will easily raise the $2m required funds and at the end of it you end up with a cashed up tiny $4.1m mcap company about to start follow up drilling.

    With the current gold price, it will look extremely cheap at current levels if it can improve on the previous announced results from 2018

    1m @142g/t
    192m @0.5g/t
    8m @3.53g/t
    25m @2.06g/t

    I was happy to load up over the past few days.
 
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