NXM 0.00% 4.2¢ nexus minerals limited

Ann: Wallbrook Exploration Target & Mineral Resource Estimate, page-205

  1. 2,383 Posts.
    lightbulb Created with Sketch. 1799
    @Just4kicks a very high level sniff test.

    Assume $50/oz industry average and this includes some forward looking resource growth. Keep in mind the below peers are well over 1moz prospects. & that BRB's $EV/Oz is the most realistic live example as they have a Bid from RMS and in the process of Takeover.

    175koz x $50/oz = $8.75Mil

    Risk majorly staked to the downside

    https://hotcopper.com.au/data/attachments/5238/5238465-79a5b52243f567117764716e468b246c.jpg

    Last edited by Corgi: 01/05/23
 
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