NXM nexus minerals limited
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Great info there Fred, thanks.Best comparison I think is GBR.GBR...

  1. Just4kicks
    5,664 Posts.
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    04/05/23
    01:04
    Post #: 67596166
    Great info there Fred, thanks.
    Best comparison I think is GBR.

    GBR 44mc -$6m cash= 38m with 500,000oz =$76 per oz. GBR 's oz's are much further Nth.

    NXM with 29mc - $6m cash= 23m with 175,000=$131 per oz, with arguably better infrastructure & services nearby.

    NXM look expensive or at least not cheap on a per oz comparison (premium for location/services perhaps).

    Reading your post I think you're correct it's going lower with brokers clearly dumping and tax loss selling coming, I bought back in prematurely @.09 as I'm now thinking we may on a bad day in June see .05 or .06 (shivers).

    Look forward to your Monday broker data, really seeing the value in it now.
    NXM Price at posting: 8.6¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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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
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Last trade - 11.21am 19/06/2025 (20 minute delay) ?
NXM (ASX) Chart
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