NXR 0.00% 2.0¢ nemex resources limited

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Currently unlisted. Proposed listing date: WITHDRAWN
  1. 8,194 Posts.
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    Just

    I am expecting a slight green day, based entirely on the close last night, volume was still coming as the pro's get set, the 14.5c close appears to be an averaging and not the 15c that got hammered late.
    But I was playing with MC figures and came to a fair value fully diluted at 18.5c, comparable with some US players whom have great potential and are similar readiness, but caution myself as we have a better tech IMO. Most US companies have a $90-100M MC. Allow for exchange rate. Say $110-120AU
    Lets see what happens, for me over 20c and I sell half and wait for a retrace to 17.5approx. My strategy till July when we will see some Blue Sky as we get (I'M sure) all the good news and MOU's Test result, Patents, and so much more.

    Asia is just waiting for confirmation I think, don't write off Asia as they will be being cautious before ramping big time, So exciting in my book.
    GLTAH
 
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