Pretty sure the money is slated to drilling out the 18 targets around Wallbrook among other things.
Have a look at the announcements of STK in the lead up to their resource sale to NST - I feel like there's analogies to be made except NXM is closer, shallower and on mining permits. STK had moderately higher confidence in their resource but isn't that way NXM was diamond drilling at Crusader-Templar recently?
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NXM
nexus minerals limited
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7.1¢

Ann: Trading Halt, page-21
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Last
7.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $42.86M |
Open | High | Low | Value | Volume |
7.0¢ | 7.5¢ | 7.0¢ | $23.85K | 328.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 29931 | 7.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.1¢ | 109633 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 29931 | 0.070 |
1 | 40000 | 0.067 |
1 | 195000 | 0.066 |
3 | 330800 | 0.065 |
1 | 450000 | 0.062 |
Price($) | Vol. | No. |
---|---|---|
0.071 | 109633 | 1 |
0.074 | 17500 | 1 |
0.080 | 70000 | 2 |
0.084 | 20386 | 2 |
0.085 | 18418 | 2 |
Last trade - 15.55pm 27/06/2025 (20 minute delay) ? |
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NXM (ASX) Chart |
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PAR
PARADIGM BIOPHARMACEUTICALS LIMITED..
Paul Rennie, MD & Founder
Paul Rennie
MD & Founder
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