NXM 2.44% 4.2¢ nexus minerals limited

Ann: Quarterly Activities Report, page-17

  1. 298 Posts.
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    I think a value of $100 an oz is more than reasonable due to a Mill / All the required Infrastructure (NST) being nearby. A MRE of 1M oz would translate to a MC of 100M / a share price of approx. $0.31using those numbers. Ongoing positive results that increase that Maiden Resource Estimate over a 6 - 12 month period to 2M+ in a now Positive Gold Market and NXM is off to the races again. The Potential is still there / very good IMO.
 
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