NXM nexus minerals limited
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Would NST really be interested in NXM?NST is a tier 1 company...

  1. m0ngy
    10,075 Posts.
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    20/04/23
    19:43
    Post #: 67383874
    Would NST really be interested in NXM?
    NST is a tier 1 company with 20.7M oz Reserves and 56M ozs Resources.
    I can't see them bothering to TO any company that had not produced a JORC resource of 2m oz Au with most of that Indicated or measured.
    NST do not spend much on exploration, they let other companies do that and TO advanced projects and if possible working mines with large reserves.
    There is plenty of growth likely in their own assets.
    Imo NXM is not in the TO profile for NST.
    Are NST really a major shareholder of NXM?
    I can't see them in the top 20.

    NXM Price at posting: 17.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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7.1¢ 		Change
-0.001(1.39%) 		Mkt cap ! $42.86M
Open High Low Value Volume
7.2¢ 7.2¢ 7.1¢ $16.50K 230.8K

Buyers (Bids)

No. Vol. Price($)
2 16000 7.0¢
 

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Price($) Vol. No.
7.2¢ 102000 2
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Last trade - 15.13pm 26/06/2025 (20 minute delay) ?
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