Accepting a takeover bid of under 40c is not on the cards. If the MRE comes in at 500k Oz I think that would be extremely conservative. The way NXM has set themselves up with future works doesn’t look like a takeover bid is even near with Andy chasing the right rocks in the next 3-4 corridors. It would have to north of 60c for Andy and the team to even consider. The takeover conspiracy has been going on for a long time. Start mining what we have and get some cash in the bank to fund the next drilling campaigns and prove up this monster and then in 9-12 months time when gold cracks the $2080 mark as forecast and I to believe, we start thinking about possible takeovers and the sale of NXM for the $1+ scenario.
haha pie in the sky? Maybe. I’m still happy to hold and wait from what I have seen to date.
All my opinion, DYOR
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Last
3.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.39M |
Open | High | Low | Value | Volume |
3.7¢ | 3.7¢ | 3.7¢ | $2.405K | 65K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 117966 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.7¢ | 4815 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 117966 | 0.036 |
1 | 88324 | 0.035 |
2 | 451504 | 0.034 |
2 | 900000 | 0.033 |
1 | 500000 | 0.031 |
Price($) | Vol. | No. |
---|---|---|
0.037 | 4815 | 1 |
0.038 | 34829 | 1 |
0.040 | 641614 | 6 |
0.041 | 295000 | 2 |
0.043 | 10000 | 1 |
Last trade - 10.32am 09/08/2024 (20 minute delay) ? |
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