NXM nexus minerals limited
Add to My Watchlist 0.00% ! 7.7¢

The 175,000 ounces will not be mined.What would the Reserve...

  1. m0ngy
    10,075 Posts.
    lightbulb Created with Sketch. 4852
    clock Created with Sketch.
    28/04/23
    14:40
    Post #: 67508595
    The 175,000 ounces will not be mined.
    What would the Reserve (portion that can be mined) be?
    Say 120,000 oz Au
    AISC probably found 2,000 oz Au
    Margin perhaps $1K oz
    Cash flow LOM $120m
    The Capex needed would be at least $100m
    Who would lend the $100m?
    Mining the known deposit is not commercially viable and high risk for a lender,
    NXM Price at posting: 10.8¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch. 1  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS INOVIQ Kills 88% of Lung and Breast Cancer Cells with New Lab Treatment
right-arrow Created with Sketch.
NEWS Pathological Complete Response Recorded in ACCENT Trial of Advanced Pancreatic Cancer
right-arrow Created with Sketch.
NEWS Many are concerned about global falling birthrates. This diverse stock has solutions
right-arrow Created with Sketch.
NEWS Trident Infill Drilling Results Confirm Resource as Development Gets Underway
right-arrow Created with Sketch.
LU7 Lithium Universe Acquires Global Rights to Transformative Solar Panel Recycling Technology
right-arrow Created with Sketch.
DAL Maiden work program to commence for Blue Lagoon Zirconium, Niobium and Rare Earth Project in Greenland
right-arrow Created with Sketch.
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.
Add to My Watchlist
(20min delay)
Last
7.7¢ 		Change
0.000(0.00%) 		Mkt cap ! $46.48M
Open High Low Value Volume
7.7¢ 7.7¢ 7.6¢ $7.745K 101.4K

Buyers (Bids)

No. Vol. Price($)
1 6500 7.7¢
 

Sellers (Offers)

Price($) Vol. No.
8.0¢ 30113 1
View Market Depth
Last trade - 11.21am 19/06/2025 (20 minute delay) ?
NXM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.