Patience the Key! I’ve been onboard for approx. 3 Years now and am Very Happy with how I am positioned. It’s the Long Game for me. What does the Future Hold for NXM? How will Management take NXM Forward? Its Common Knowledge that NXM is Burning through its Cash Very Quickly with such an Aggressive Drilling Campaign. Another Capital Raise is Imminent. I’d be Very Happy with a JV Royalty Agreement. 6%? NST? The Tenements can be mined almost Immediately due to Licences already being granted. No more Capital Raises / Dilution. The Big Player Takes up the Majority of Costs. A 3.2M tonne pa Production Plant and all the Required Infrastructure is Right next Door. Proximity to NST (SAR) is how NXM came on my Radar. A Junior Explorer Quickly Generating Cash Flow / Revenue / Profits. A P/E Ratio. That would Really put a Rocket Under the Share Price IMO
NXM Price at posting:
31.0¢ Sentiment: Buy Disclosure: Held
