NXM nexus minerals limited

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7.1¢

It seems like that DD4 duster has just knocked NXM off track and...

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dragonised37

85 Posts.

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20/04/23

15:09

Post #: 67378721
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Originally posted by ByCon: ↑

The strategical pivot may have been more opportunistic rather than pre meditated.
Andy mentioned that someone he knows brought the project to him and said it needs to be in the hands of a listed company(something to that extent, not exact words).
He has loads of experience in copper porphyry exploration and probably thought it was worth a good look given the future forecast for copper. Fast forward 18 months and the fertility study has come up with a tick in all aspects…..why wouldn’t you want to get stuck into it?

I’d imagine the lack of substantial hits from the diamond drilling at Wallbrook have helped determine the path to an extent.
That being said, as per the latest announcements they still plan to do more drilling at Branches and the other targets generated in the other corridors.

Maybe management have bigger dreams for NXM than just proving up a few gold resources to sell to NST.
He seems like a geologist with plenty of excitement and passion left….let the man find us something truly special.

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It seems like that DD4 duster has just knocked NXM off track and it’s never fully recovered.

Do you think this pivot was reactive or proactive?

My main worry is that people might be having unrealistic expectations for this MRE and they might not get met and then there’s a mass sell off again…

NXM Price at posting: 17.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 7.1¢		Change 0.000(0.00%)		Mkt cap ! $42.86M

Open	High	Low	Value	Volume
7.0¢	7.5¢	7.0¢	$23.85K	328.0K

Buyers (Bids)

No.	Vol.	Price($)
3	29931	7.0¢

Sellers (Offers)

Price($)	Vol.	No.
7.1¢	109633	1

View Market Depth

No.	Vol.	Price($)
3	29931	0.070
1	195000	0.066
3	330800	0.065
1	450000	0.062
1	10000	0.056

Price($)	Vol.	No.
0.071	109633	1
0.074	17500	1
0.080	70000	2
0.084	20386	2
0.085	18418	2

Last trade - 15.55pm 27/06/2025 (20 minute delay)

NXM (ASX) Chart

It seems like that DD4 duster has just knocked NXM off track and...

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It seems like that DD4 duster has just knocked NXM off track and...

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Buyers (Bids)

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