NXM 2.44% 4.2¢ nexus minerals limited

Yes Tampia is 2.2g/t but the reserve is 500K ozs, Scale is...

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    Yes Tampia is 2.2g/t but the reserve is 500K ozs, Scale is important.
    Do any companies toll mill the days? Ramelius doesn't, Capricorn do not.
    Toll milling is extremely rare and grade would need to be very high.
    NXM has a stranded resource, too small to mine and too expensive to grow the resource to try to make it commercial.
    That's why the company is offering no sense of direction, they simply do not know what to do at this point.
    I know that's a depressing bottom line but it's the reality imo.



 
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