NXM nexus minerals limited

Ann: Pinnacles Gold JV Project Drill Program Planned, page-24

  1. 23,919 Posts.
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    The quarterly was actually a good read

    No capex on this thing whatsoever. They just have to drill and expand the resource to something economic and truck it 12km down the road to SAR's 2.4Mtpa plant - simple

    Drilling should impress if they chase up those high grades from the historicals

    So with cash backing of just under 9c and this to be drilled this month I'm sitting tight

    May be a chance for cheapies, the lemmings here never cease to amaze me. They'll sell it down by 0.5c increments on the most pathetic parcel size - retail impatience if you ask me

    Should sit pretty in double digits once they drill. Every other gold stock about has at least an EV, this is still negative
 
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