NXM nexus minerals limited

Good points.I've got a lot of respect for AT and it's...

  1. 5,664 Posts.
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    Good points.

    I've got a lot of respect for AT and it's a great project but I'm left wondering how do NXM raise money when it's unfolded in this manner?
    Instead of pumping $50m into a huge area and not offering a sizable MRE why didn't they bite off a chewable piece and infill for 750,000oz then move onto the next area creating shareholder value along the way. Now changing tack to the Eastern states mid race. This MRE is imo delivered on an unfinished job.
    People buying into the next CR are avantaged over those who stumped up early on at fifty cents who'll be repaid for their loyalty with potentially serious dilution and a sp drop.
    Surely there's a better way to skin this Cat in a way that's favourable to those paying for the job (existing holders).

    Hope this makes sense as this MRE was premature and didn't have the right amount of work/infill done on it to have warranted being issued.
 
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