NXM nexus minerals limited
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NST agreed to acquire STK's Millrose project (40km from NST...

  1. robbo24
    11,339 Posts.
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    26/06/23
    09:01
    Post #: 68464133
    NST agreed to acquire STK's Millrose project (40km from NST Jundee operations).

    The Millrose resource is 346,000 ounces at 1.8 g/t at with a cut-off grade of 0.5 g/t.

    The Millrose resource has no stated exploration target.

    https://hotcopper.com.au/data/attachments/5379/5379341-31dd6459c221246a5ea67afc3bb617a9.jpg
    I wonder how many Mineral Resource ounces NXM would have at 0.5 g/t cut off instead of 1 g/t. Probably equal or more than 346koz - plus the large exploration target.

    Compelling evidence that NXM is sorely undervalued - don't let the brokers and their acolytes scare you.
    NXM Price at posting: 5.7¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 4  Great analysis
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7.7¢ 		Change
-0.005(6.10%) 		Mkt cap ! $46.48M
Open High Low Value Volume
8.0¢ 8.0¢ 7.3¢ $46.26K 594.7K

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No. Vol. Price($)
1 864 7.7¢
 

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Price($) Vol. No.
8.2¢ 100000 1
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