NXM nexus minerals limited

So a summary of the last page or so:- NXM paid 800k to Mining...

  1. R21
    1,419 Posts.
    lightbulb Created with Sketch. 199
    So a summary of the last page or so:

    - NXM paid 800k to Mining Gurus
    - Mining Gurus appear to be a labour hire company for geos and field techs
    - MG is a firm run by Andy's son
    - Andy's son was also a field tech for s few years prior to starting MG

    I'm comfortable it's disclosed and the auditors are happy its at arms length on standard commercial terms. NXM need contract field staff, would be paying a firm regardless. MG can source them, or are we suggesting any other labour hire firm can do better? That's the only question here.

    IMO because of the relationship NXM may get preferrential treatment and that's ok with me.


 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(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
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.