NXM nexus minerals limited

G'day Robbo,"Are you suggesting NXM should have lowered the...

  1. 680 Posts.
    lightbulb Created with Sketch. 471
    G'day Robbo,

    "Are you suggesting NXM should have lowered the standard of its inferred resource and lowered the credibility of its JORC to imagine a 200m deep pit?"

    No, but I'd like to see the pit designs that contributed to the MRE set out something like below.

    https://hotcopper.com.au/data/attachments/5228/5228480-d273a1f272ecdbf22049512cf9d4c391.jpg



    If the pits are either blue or yellow, an investor can clearly see that higher drill density will capture an increase in MRE ozs.

    If the pits are orange then further infil drilling will increase the MRE category, but will probably yield a minimal increase in MRE ozs.

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
7.9¢
Change
0.002(2.60%)
Mkt cap ! $47.69M
Open High Low Value Volume
7.7¢ 8.0¢ 7.6¢ $65.23K 824.4K

Buyers (Bids)

No. Vol. Price($)
1 25000 7.7¢
 

Sellers (Offers)

Price($) Vol. No.
7.9¢ 100000 1
View Market Depth
Last trade - 15.31pm 20/06/2025 (20 minute delay) ?
NXM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.