NXM nexus minerals limited
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Maybe NXM needs to revisit Pinnacles again as a source of early...

  1. Fredwah
    680 Posts.
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    04/05/23
    19:47
    Post #: 67614036
    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.
    NXM Price at posting: 8.7¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 10  Upvote
    lightbulb Created with Sketch.  Great analysis
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8.0¢ 		Change
0.003(3.90%) 		Mkt cap ! $48.30M
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7.7¢ 8.0¢ 7.6¢ $64.23K 811.7K

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No. Vol. Price($)
2 537869 7.6¢
 

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Price($) Vol. No.
8.0¢ 614600 4
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Last trade - 13.42pm 20/06/2025 (20 minute delay) ?
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