NXM nexus minerals limited
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I like them both BRB and NXM. Both have thier own advantages and...

  1. Iryna-Bella
    1,050 Posts.
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    04/02/22
    16:37
    Post #: 59364313
    I like them both BRB and NXM. Both have thier own advantages and very small disadvantages. BRB has a big jorc resource for the market cap it has and NXM so far doesn’t .
    But NXM is next to hungry mill while BRB have to either build their own which is costly in current inflation environment or toll it a long distance (50+ ks) to other closer mills.
    NXM has the potential to be a karrari on steroids. So anywhere between 3-6m Oz is doable here and market will always pay premium for any ounces so close to infrastructure. Both are loaded with cash. NXM has about $20m while BRB has $11m cash plus around $15-$16m worth of GL1 shares and other milestone payments plus 20% manna lithium.
    So take your pick. I couldn’t decide so I got them both
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    NXM Price at posting: 33.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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7.9¢ 		Change
0.002(2.60%) 		Mkt cap ! $47.69M
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7.7¢ 8.0¢ 7.6¢ $65.23K 824.4K

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1 25000 7.7¢
 

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Last trade - 15.31pm 20/06/2025 (20 minute delay) ?
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