NXM nexus minerals limited
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"The MRE only considers material above 200 meters vertical depth...

  1. Caromb15
    1,177 Posts.
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    26/04/23
    09:07
    Post #: 67450262
    "The MRE only considers material above 200 meters vertical depth with a 0.5 g/t Au lower cut off used for
    delineating mineralisation during modelling, and a greater than 1g/t Au cut off for reporting."
    Seems a very conservative and careful estimate- cutoff 1 g/t is higher than many for open pit.
    I think they should have estimated the open pit over a range from say 0.5 g/t.
    NXM Price at posting: 17.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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