ASX:NES
Last Price:
$0.006
Date of Initial Coverage
02-Feb-21
Initial Entry Price
$0.075
Returns from Initial Entry
-92%
For NES to make a gold discovery at its Woodline Project, near to the 7.6Moz gold deposit, Tropicana.
The results from the drilling campaign were not enough to warrant any more significant exploration expenditure by NES at Woodline. We are holding on to our NES shares in the hope that the company finds another project of interest OR makes an unexpected discovery. We may sell out of our NES position to free up capital for other investments
✅ Initial Investment: @7.5c
🔲 Top Slice
🔲 Free Carry
✅ Initial Investment: @0.94c
🔲 Free Carry
🔲 Take Profit
🔲 Price increases 300% from initial entry
🔲 Price increases 500% from initial entry
🔲 Price increases 1000% from initial entry
✅ 12 Month Capital Gain Discount
🔲 Hold remaining Position for next 2+ years
| Date | Share Price $ | Title |
|---|---|---|
| 21-Aug-2021 | $ 0.042 | Market fluctuations and portfolio news and quick takes |
| 18-Aug-2021 | $ 0.043 | The hunt for Tropicana lookalike continues |
| 02-Feb-2021 | $ 0.079 | $11M Capped NES is Hunting the Next Tropicana - Drilling to Start in Days |
