NXM
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2.22% 4.6¢ nexus minerals limited

Last annual report NST Carosue Dam Total Resource was 65.7MT @...

  1. Fredwah
    638 Posts.
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    01/05/23
    12:35
    Post #: 67543093
    Last annual report NST Carosue Dam Total Resource was 65.7MT @ 2.1 g/t for 4.22Moz which includes a total reserve of 29.2MT @ 1.9g/t for 1.78 Moz.

    NST is not going to process ore for someone else that is at a lower grade than what they already have. This is the issue that forced AT into using the higher cutoff grade. NST can afford to wait for NXM to raise more cash and drill out the resource further.
    NXM Price at posting: 8.7¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch. 1  Great analysis
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