Nexus Minerals (ASX:NXM) shares are increasing in value along with investor awareness of its $7.4 million bank balance, compared to its market cap of just $4.3 million.
Stock in the company has risen to $0.065 today, from $0.048 late last month.
Nexus is in the progress of reviewing potential copper and project opportunities in Western Australia.
A recent fieldtrip was positive, and discussions are now ongoing concerning involvement in a number of projects.
The company continues to evaluate potential business opportunities and will keep shareholders informed of all material developments.
Nexus currently holds a large project in the Tanami Gold province close to Tanami Gold’s (ASX:TAM) Coyote Mine.
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