NXM nexus minerals limited
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In 2018 JORC estimated 300,000 ounces before NXM did any...

  1. Jono4
    40 Posts.
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    29/04/22
    11:58
    Post #: 61098316
    In 2018 JORC estimated 300,000 ounces before NXM did any meaningful drilling. This puts the SP floor at about 26c. But that is from back in 2018...

    Now they have a huge amount of drill results. When is the next JORC evaluation?

    I have a feeling there will be over 1 mil once they re-evaulate. It's only up from here...

    1 mil = 50c SP
    1.5mil = 75c SP
    2 mil = $1 SP

    This is all just basic maths and estimation based on the RMS / Apollo events. DYOR obviously, and please correct me if I'm wrong.

    I'm going to hold this old girl until dollars and beyond.

    NXM Price at posting: 31.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 2  Great analysis
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