NXR nemex resources limited
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The resource looks to me like it is going to be massive. I am...

Currently unlisted. Proposed listing date: WITHDRAWN
  1. Beard_of_Zeus
    3,974 Posts.
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    14/04/13
    11:38
    Post #: 11642664
    The resource looks to me like it is going to be massive. I am leaning towards thinking that the SP is suppressed because of the estimated start up costs (60-130m according to the concept study. I think once Nemex has gotten over this hurdle, they will quickly become a cash positive company, and will rapidly expand. All of the big ones started somewhere.
    NXR Price at posting: 6.5¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Currently unlisted public company.

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