NXR
Click for more information
0.00% 2.0¢ nemex resources limited

is it time to unleash the hounds, page-19

Currently unlisted. Proposed listing date: WITHDRAWN
  1. ddzx
    37,911 Posts.
    lightbulb Created with Sketch. 828
    clock Created with Sketch.
    08/07/11
    20:50
    Post #: 8650754
    for example, recently the company GIR was taken over by the company AGO

    GIR had 326mt of medium grade (56%) iron ore in reasonable locations relatively close to transport

    GIR was taken over for $836m or $2.56 per tonne

    but higher grade ore (62%) with a location very close to infrastructure with low mining costs will attract a higher price

    so $4 per tonne is a good assumption

    regards

    NXR Price at posting: 25.1¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

M2R Miramar sniffs 5.48% Cu, 54.4% Pb and 73.48g/t Ag at new WA prospect
right-arrow Created with Sketch.
1CG OneClick surpasses 150,000 registered users
right-arrow Created with Sketch.
AUN Aurumin reports high-grade iron ore rock chips at Central Sandstone, WA
right-arrow Created with Sketch.
AMI First stope ore could be pushed back to Q2 FY25 due to flood-like event: Aurelia
right-arrow Created with Sketch.
AGY Argosy signs deal to sell battery-grade Rincon lithium to Korea
right-arrow Created with Sketch.
NRX Noronex joins forces with South32 to look for copper in Namibia
right-arrow Created with Sketch.
watchlist Created with Sketch. Add NXR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.