NXM 0.00% 3.7¢ nexus minerals limited

Ann: Wallbrook Exploration Target & Mineral Resource Estimate, page-261

  1. 637 Posts.
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    Maybe NXM needs to revisit Pinnacles again as a source of early cashflow.

    "The project is located on a granted Mining Lease, M28/243 (expiry 2031), that covers an area of 4x2km and is currently held 100% by Saracen Gold Mines Pty Ltd, a subsidiary of Saracen."

    https://hotcopper.com.au/data/attachments/5248/5248274-d8f5e3dde55958e5cddee1fe81ce8e41.jpg
    The project was shelved 16 Feb 21 (nicely hidden in a Walbrook update).

    https://hotcopper.com.au/data/attachments/5248/5248283-4625ac847fbab193bb12fc91c5f652d2.jpg
    PoG has increased signifcantly since then.

    https://hotcopper.com.au/data/attachments/5248/5248292-5e4a5f2a2e56c9cde7ecb1646a7ff7a1.jpg
    It would certainly be worth running the numbers again.
 
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