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About Nex Metals Explorations
Its shares trade on ASX under the ticker NME.AX. It has been listed since 6 December 2007. In the fiscal year to 30 June 2017, it reported revenue of A$37,600 and net income of A$1.7m. At that date it held total assets of A$1.3m and shareholders' equity of −A$2.4m.
Nex Metals Explorations Ltd. engages in the exploration of gold, copper and nickel. The firm's projects include Kookynie Gold, Yundamindra Gold and Kookynie Tailings Research Projects. The Kookynie Gold Project lies approximately 180 kilometers (km) north of Kalgoorlie, 50 km south of Leonora and approximately 25 km from the bitumen Goldfields Highway linking Kalgoorlie to Leonora in the Eastern Goldfields of Western Australia. The Yundamindra Gold Project is located approximately 65 km southeast of Leonora and 65 km east of Kookynie. The Yundamindra Project consists of nine granted mining leases, which the Company holds the rights to explore. The firm's Kookynie Tailings Research Project has drilled a total of 81 air core holes for approximately 497 meters over the tailing's stockpiles. There are six distinct tail stockpiles located on Cosmopolitan tenement M40/61.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Materials
- Industry
- Metals & Mining
- Listed since
- 6 Dec 2007
- Website
- nexmetals.com ↗
Leadership
Pay as last reported
- Mr. Thomas PercyChairman of the Board, since 2007A$40,875
- Mr. Maki PetkovskiChief Executive Officer
- Mr. Kenneth AllenManaging Director, Executive Director, Company Secretary, since 2024A$132,984
- Dato' Dr. Hock Hoo ChuaNon-Executive Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- The company explores gold, copper, and nickel projects in Western Australia.
- Projects include Kookynie Gold, Yundamindra Gold, and Kookynie Tailings Research.
- Kookynie Gold Project is located 180 km north of Kalgoorlie in the Eastern Goldfields.
Weaknesses
- The company has a limited number of projects with specific locations in Western Australia.
- The Kookynie Tailings Research Project has drilled 81 air core holes over tailing stockpiles.
- The Yundamindra Gold Project consists of nine granted mining leases for exploration.
Opportunities
- The company could expand exploration activities in the Eastern Goldfields region.
- Potential for increased exploration in the Kookynie Tailings Research Project area.
- The Yundamindra Project's nine granted mining leases offer exploration opportunities.
Threats
- The company's projects are geographically concentrated in Western Australia.
- Limited information on the scale and potential of the projects is provided.
- The company's exploration focus on specific minerals may limit diversification.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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