I reckon selling the ore subject of the scoping study to NST is a good idea. Give NST a discount on cashflow and let them have down to the depth of the SS. Economies of scale mean the real cost to NST to produce is bugger all, and means NXM gets a quick increase in cash. Also means future underground production under the two pits remains open for negotiation.
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NXM
nexus minerals limited
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8.2¢

I reckon selling the ore subject of the scoping study to NST is...
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Last
8.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $49.50M |
Open | High | Low | Value | Volume |
8.2¢ | 8.2¢ | 8.2¢ | $658 | 8.025K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 8.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.2¢ | 91975 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 0.081 |
4 | 45000 | 0.080 |
1 | 47562 | 0.077 |
2 | 56000 | 0.076 |
1 | 50000 | 0.075 |
Price($) | Vol. | No. |
---|---|---|
0.082 | 91975 | 1 |
0.084 | 20386 | 2 |
0.085 | 18418 | 2 |
0.086 | 12000 | 1 |
0.087 | 12000 | 1 |
Last trade - 13.06pm 17/06/2025 (20 minute delay) ? |
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RC1
REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
Ronald Miller
Non-Executive Director
SPONSORED BY The Market Online