Its very hard to find a peer comparison to get your head around the economics of the JV. I dont think there is another company feasibility study at these gold prices that demonstrates the opportunity here.
HAW are similar but at lower gold prices, just yesterday they updated on the details of their dividend and capital distribution. Thats right, the company thats been doing a similar venture to NXM but at lower metrics, paying a dividend and distributing capital among shareholders.
The market always works it out. Nexus's time will come.
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