It’s a very Sombre mood for NXM share holders for obvious reasons. LTH (15 - 18+ months) should still be showing a profit. I really feel for the people who came on board during our Glory Days to approx. $0.60
I agree Rabbitoh. We all make mistakes. Hindsight!
As long as you learn from them.
Andy rolled the dice / was very aggressive. A Junior explorer burning 10M in a Quarter. No Deep results have really hurt. The information gathered is still an asset for the future. Our Safety Net / Benchmark is now $0.18 Thanks to NST IMO We can still go lower due to Rising Interest Rates, a Strong US$ & a Falling Gold Price.
Trying to Find a Positive we we’re at $0.07 approx. 16 months ago. As soon as the US Fed pauses raising rates I feel the bottom should be in for Gold.
Some positive results from NXM, a MRE and a bounce in the Gold Price / Gold Miners & Explorers has me aiming to take some money off the table March 2023
$0.50? After waiting this long I think it’s a Reasonable Strategy to Hold out for another 6 months and then Reassess. Good Luck to All my Fellow NXM shareholders out there.
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NXM
nexus minerals limited
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5.7¢

It’s a very Sombre mood for NXM share holders for obvious...
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Last
5.7¢ |
Change
-0.001(1.72%) |
Mkt cap ! $34.41M |
Open | High | Low | Value | Volume |
5.7¢ | 5.8¢ | 5.7¢ | $125.0K | 2.172M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 14396 | 5.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.0¢ | 90000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 14396 | 0.057 |
2 | 183377 | 0.056 |
2 | 140000 | 0.055 |
1 | 300000 | 0.054 |
1 | 1000000 | 0.053 |
Price($) | Vol. | No. |
---|---|---|
0.060 | 90000 | 1 |
0.061 | 190000 | 1 |
0.062 | 87698 | 1 |
0.063 | 12754 | 1 |
0.067 | 95000 | 1 |
Last trade - 15.31pm 30/07/2025 (20 minute delay) ? |
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NXM (ASX) Chart |