obviously I’m not stoked about the SP decline either and I...

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ByCon

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01/06/23

11:24

Post #: 68075614
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Originally posted by ByCon: ↑

yes true, but the diamond cores will show if there are copper sulphides etc. I’ve seen many companies run off the back of their copper drill cores.
Even so, the lesser drilling means that the company can last longer without putting their hand out for a cap raise.

If we want things to happen quickly…expect a cap raise sooner
If we want the money to last longer….expect slower progress. We can’t have it both ways.

Crusader-Templar is still there. The gold isn’t going anywhere, so it’s still an asset….they just need to drill it out at some stage to get it to that 500,000- 700,000 ounces.

Most companies that focus solely on drilling out similar resources just get forgotten by the market anyway, at least NXM is looking to build interest from other projects.

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obviously I’m not stoked about the SP decline either and I understand why people are frustrated in that sense.
I just still believe the company is pushing forward, has a solid base and a bright future.

NXM Price at posting: 7.1¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 7.7¢		Change -0.005(6.10%)		Mkt cap ! $46.48M

Open	High	Low	Value	Volume
8.0¢	8.0¢	7.3¢	$46.26K	594.7K

Buyers (Bids)

No.	Vol.	Price($)
1	864	7.7¢

Sellers (Offers)

Price($)	Vol.	No.
8.2¢	100000	1

View Market Depth

No.	Vol.	Price($)
1	864	0.077
1	200000	0.075
1	40000	0.072
1	185000	0.071
2	230800	0.065

Price($)	Vol.	No.
0.082	100000	1
0.084	20386	2
0.085	18418	2
0.086	12000	1
0.087	12000	1

Last trade - 15.52pm 18/06/2025 (20 minute delay)

NXM (ASX) Chart

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