NXM nexus minerals limited
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Well thank you gustavo89. We're all excited about drilling...

  1. robbo24
    11,347 Posts.
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    20/08/20
    23:05
    Post #: 46703465
    Well thank you gustavo89. We're all excited about drilling results for NXM and TMX. NXM value is a good question. AISC for the ore at Pinnacles will mainly be cash costs due to use of contractors and SAR treatment. Let's pretend it's comparatively expensive to mine say $1600 per ounce including exploration cost to replenish ore. Cashflow of $25m on $1000 margin on $25k ounces. I don't know what PE ratio to use so I'll give it PE ratio of 4 and spitball up $100m mcap.. So 50 cents? Then add Wallbrook and other aspects as well.
    NXM Price at posting: 7.1¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
7.0¢ 		Change
-0.001(1.41%) 		Mkt cap ! $44.07M
Open High Low Value Volume
7.0¢ 7.5¢ 7.0¢ $21.72K 298.0K

Buyers (Bids)

No. Vol. Price($)
3 29931 7.0¢
 

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Price($) Vol. No.
7.4¢ 17500 1
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Last trade - 13.49pm 27/06/2025 (20 minute delay) ?
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