NXM nexus minerals limited

NXM is shaping into a classic large deposit. It is capped at...

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    NXM is shaping into a classic large deposit. It is capped at around $100m with around $20m in cash. Right next to a very hungry mill owned by NST. They are already working together.
    They have multiple targets like Templar - Crusader all over the place. This is looking like a quick trip to a multi million ounce deposit. I see this as a multi bagger in the next 6 months as it becomes more obvious to a broader public.
    The stock sold off from the 46c placement on one hole and then the slower turn around in the assay time put the short term break on the stock. I consider that a perfect opportunity to load up right here. People have only sold this back down here because they dont want to wait for assays. That is all it is. That little window was not there before. The drilling is cranking right up and the results will come. I suspect the stock might be well over 40c by then. Any left field news in the short term might see us there anyway. I dont mind holding this as i see it as a process rather than a punt on hoping to make a discovery. The stock will dry up under 40c soon by the looks of things. Once its time to move, it wont suffer a lot of resistance.
 
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(20min delay)
Last
7.9¢
Change
0.002(2.60%)
Mkt cap ! $47.69M
Open High Low Value Volume
7.7¢ 8.0¢ 7.6¢ $65.23K 824.4K

Buyers (Bids)

No. Vol. Price($)
1 25000 7.7¢
 

Sellers (Offers)

Price($) Vol. No.
7.9¢ 100000 1
View Market Depth
Last trade - 15.31pm 20/06/2025 (20 minute delay) ?
NXM (ASX) Chart
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