NXM 2.44% 4.2¢ nexus minerals limited

Hartley's initiate coverage, page-16

  1. 10,075 Posts.
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    So a big spend in Q2 with a lot less In the tank now. Good results with lots of potential but almost $1m per month did nothing for the share price.
    What will drive the SP higher now in this tough environment for juniors far from production?
    The plan must be to narrow the focus of exploration to produce not just an early resource JORC but one that is solidly indicated and measured. That's the TO trigger and will excite the market.
    Are there too many projects for the current environment?
    Try to get a free carry in a JV where one of the cashed up top tier companies is paying the bill?

 
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