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Nex Metals finds profit, but funding risk still defines the story
8:15am on Wednesday 30th of September, 2026 AEST
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Mining
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Nex Metals finds profit, but funding risk still defines the story
8:15am on Wednesday 30th of September, 2026 AEST
Key Points
$1.053 million reported profit driven by a $1.692 million disposal gain
Operating cash outflow remained negative at $416,094
Net liabilities narrowed to $471,232 from $1.427 million
Kookynie test work reached 71% laboratory gold recovery
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Nex Metals Exploration (ASX:NME)
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