NXM nexus minerals limited
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Good to see NXM's area made it to the SBM map in the merger...

  1. robbo24
    11,339 Posts.
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    12/12/22
    10:55
    Post #: 65272299
    Good to see NXM's area made it to the SBM map in the merger presentation.

    The focus seems squarely on Lenora area but SBM has many, many tenements adjacent to NXM (and OZM, the map below is pre-Pumphrey OZM listing). To the South there is many more SBM tenements too.

    There is very clear crossover between the NST and SBM processing capacity which may lead to both companies having a close look at where they can secure ore before the other does it for them!

    https://hotcopper.com.au/data/attachments/4907/4907628-cd2d23f5a2d3a8c6f91d92adec1b1283.jpg


    https://hotcopper.com.au/data/attachments/4907/4907622-5cc6c82ae4ae263677f282ec2fffbfb6.jpg

    NXM Price at posting: 19.0¢ Sentiment: Buy Disclosure: Held
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