NXM nexus minerals limited
Add to My Watchlist 1.35% ! 7.3¢

@Just4kicks a very high level sniff test. Assume $50/oz industry...

  1. Corgi
    2,632 Posts.
    lightbulb Created with Sketch. 1843
    clock Created with Sketch.
    01/05/23
    13:37
    Post #: 67544511
    @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
    NXM Price at posting: 9.0¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS How Do You Trade? Take Our 1-Minute Survey & Share Your Style
right-arrow Created with Sketch.
NEWS Many Peaks accelerating gold hunt in Côte d'Ivoire after assay 'justification'
right-arrow Created with Sketch.
NEWS High-grade monazite-rich mineral sands discovery confirmed at Minta Est
right-arrow Created with Sketch.
NEWS Sparc opens small-scale green H2 plant in SA, but liquidity dried up
right-arrow Created with Sketch.
NEWS Red Mountain to map, sample Quartz Reef after landing big alluvial nugget haul
right-arrow Created with Sketch.
NEWS Uranium ignites: Is this the start of a supercycle?
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
7.3¢ 		Change
-0.001(1.35%) 		Mkt cap ! $44.67M
Open High Low Value Volume
7.2¢ 7.4¢ 7.1¢ $6.841K 94.60K

Buyers (Bids)

No. Vol. Price($)
2 50024 7.2¢
 

Sellers (Offers)

Price($) Vol. No.
7.5¢ 10000 1
View Market Depth
Last trade - 13.02pm 25/06/2025 (20 minute delay) ?
NXM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.