NXM nexus minerals limited

To be fair you are whining a heck of a lot.so the expectation...

  1. 1,932 Posts.
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    To be fair you are whining a heck of a lot.

    so the expectation was a bigger mre, but Andy wanted MRE with drill spacing 40 X 40, so we have ended up with a modest MRE then a jorc target that will require a bit more drilling to get Andy the high confidence 40 X 40. To be honest the Jorc target is about what punters were expecting in ounces, only they were expecting it all to be MRE.

    set aside the dramatic price decline, I don't think the MRE/ exploration target has fallen that short of expectations. We knew the drill spacing, we just probably didn't know jorc requirements to call the whole shebang a MRE.

    that being said, the share price did decline and I can't say I'm happy about it, maybe there was a way the company could have explained it or put it into context or something. But they didn't, I see this as an opportunity to buy some more to be honest. A big overreaction has taken place and I see value here again.
 
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(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
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Last trade - 15.31pm 20/06/2025 (20 minute delay) ?
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