I don't understand how one can critique the current DD results as disappointing, from any perspective other that hyped expectation.
Andy stepped back and fired deep, intersecting in the area their modelling suggested. The intention being to build the understanding of the shape and geology at depth, for refined modelling and the planning of future exploration.
Would it have been nice to drill through 15m of solid gold at depth of 600m in the very early stages of exploration? Yes.
But I certainly didn't back Andy and Nexus in the early days with that vision or expectation.
We've just again witnessed the fallout from those clearly gambling on spectacular cores losing their nerve, likely exiting at losses.
The reality here is the picture of this monster system just continues to reveal itself.
Plenty of drilling ahead, assays to come. This is exploration. Keep expectation modest and enjoy the surprises![]()
- Forums
- ASX - By Stock
- NXM
- NXM the next multi bagger
NXM the next multi bagger, page-2256
-
-
- There are more pages in this discussion • 1,110 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NXM (ASX) to my watchlist
|
|||||
Last
3.5¢ |
Change
0.001(2.94%) |
Mkt cap ! $13.61M |
Open | High | Low | Value | Volume |
3.5¢ | 3.5¢ | 3.5¢ | $479 | 13.69K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 186303 | 3.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.8¢ | 34829 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 186803 | 0.035 |
2 | 224688 | 0.034 |
3 | 1142000 | 0.033 |
1 | 500000 | 0.031 |
5 | 4250001 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.038 | 34829 | 1 |
0.040 | 641614 | 6 |
0.041 | 295000 | 2 |
0.043 | 10000 | 1 |
0.048 | 145000 | 2 |
Last trade - 11.35am 13/08/2024 (20 minute delay) ? |
Featured News
NXM (ASX) Chart |
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Steven Gourlay, Managing Director and CEO
Steven Gourlay
Managing Director and CEO
SPONSORED BY The Market Online