NXM nexus minerals limited

Hopefully some Wallbrook results coming in soon. In the meantime...

  1. 1,932 Posts.
    lightbulb Created with Sketch. 552
    Hopefully some Wallbrook results coming in soon. In the meantime im wondering if any of the holders here have come up with some sort of cash flow once the Pinacles JV kicks off. With gold at.the current price i think after AISC there will easily be 1000 bucks an ounce left over to pay both Nexus and Saracen. Say a 50/50 split, the open pit part of the Pinnacles JV resource is expecting to deliver 12,000 ounces in 6 months would provide a revenue of 6m or there about. Its gonna be a pretty lean operation, i wonder how much of that we can keep as profit.

    just spitballing numbers here. No matter what scenario i run through it seems bullish imo for an EV sitting around 9 mil currently with a couple Jorc resources. Rerate coming very soon i would think.

    please share your own ideas on cash flow if anyone else has come up with their own numbers.

    cheers.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
7.1¢
Change
-0.001(1.39%)
Mkt cap ! $42.86M
Open High Low Value Volume
7.2¢ 7.2¢ 7.1¢ $16.50K 230.8K

Buyers (Bids)

No. Vol. Price($)
2 16000 7.0¢
 

Sellers (Offers)

Price($) Vol. No.
7.2¢ 102000 2
View Market Depth
Last trade - 15.13pm 26/06/2025 (20 minute delay) ?
NXM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.