NXM nexus minerals limited

Great info there Fred, thanks.Best comparison I think is GBR.GBR...

  1. 5,665 Posts.
    lightbulb Created with Sketch. 1128
    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.
 
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.
(20min delay)
Last
7.9¢
Change
0.002(2.60%)
Mkt cap ! $47.69M
Open High Low Value Volume
7.7¢ 8.0¢ 7.6¢ $65.23K 824.4K

Buyers (Bids)

No. Vol. Price($)
1 25000 7.7¢
 

Sellers (Offers)

Price($) Vol. No.
7.9¢ 100000 1
View Market Depth
Last trade - 15.31pm 20/06/2025 (20 minute delay) ?
NXM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.