NXM nexus minerals limited

It’s a very Sombre mood for NXM share holders for obvious...

  1. 325 Posts.
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    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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(20min delay)
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
Last trade - 15.31pm 30/07/2025 (20 minute delay) ?
NXM (ASX) Chart
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