NXM nexus minerals limited
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quality discussion going on here :p what more is there to say...

  1. strauss
    22,120 Posts.
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    14/07/16
    18:20
    Post #: 18272335
    quality discussion going on here  

    what more is there to say apart from whats already been said

    Large amount of cash $5.6m so small EV at current levels $2m I think

    Small high grade initial deposit that is open at depth with an ore processing agreement with SAR, so their path to production is there the key for a decent project is expanding the resoure

    Has said looking at new opportunities too


    All in all a very cheap Gold play which could fly on news
    NXM Price at posting: 10.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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7.1¢ 		Change
0.000(0.00%) 		Mkt cap ! $42.86M
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