NXM
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2.44% 4.2¢ nexus minerals limited

Ann: Wallbrook Exploration Target & Mineral Resource Estimate, page-132

  1. timbin4
    3,141 Posts.
    lightbulb Created with Sketch. 795
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    27/04/23
    20:12
    Post #: 67489235
    A 1.6km strike range with hundreds of holes for a meager sub 200k MRE… a result was beyond disappointing. While I still believe the Crusader gold will be mined (at some point) that MRE implies there just isn’t enough there to justify the current NXM mkt cap and Bethanga is still just a plot with some potential.

    So after holding for 3 or so years I took my lumps on this one and sold my holding at a very modest profit… good luck to those with more patience than me.
    NXM Price at posting: 11.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 9  Upvote
    lightbulb Created with Sketch.  Great analysis
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4.2¢ 		Change
0.001(2.44%) 		Mkt cap ! $16.34M
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