A Royalty Agreement would make the Lassonde Curve irrelevant. That’s what I have my Fingers Crossed for. Andy’s Reputation in the Industry and his Relationships with Managers from other Larger Companies in the Region gives me Hope / makes it Possible.
NXM would then be in a position to generate cash / profits quickly which would pay for ongoing costs / exploration. With Zero Debt I might Add!
The Market would View this Very Positively IMO.
Once Grades / The Size & Quality of the Deposit are Proven the Larger Partner (NXM?) will make its move and Takeover NXM. My view has always been that NXM will never mind a single Gram / Oz of Gold.
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NXM
nexus minerals limited
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2.60%
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7.9¢

A Royalty Agreement would make the Lassonde Curve irrelevant....
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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($) | Vol. | No. |
---|---|---|
7.9¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | 0.077 |
1 | 200000 | 0.075 |
1 | 40000 | 0.074 |
1 | 185000 | 0.071 |
1 | 30800 | 0.065 |
Price($) | Vol. | No. |
---|---|---|
0.079 | 100000 | 1 |
0.080 | 160000 | 2 |
0.084 | 20386 | 2 |
0.085 | 18418 | 2 |
0.087 | 12000 | 1 |
Last trade - 15.31pm 20/06/2025 (20 minute delay) ? |
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NXM (ASX) Chart |