Nex Metals well placed for success
Nex Metals has stabilised its balance sheet and, with Cash at end of March 2014 of $1,174,000, is well placed to take up opportunities presented.
The Company has had a number of projects presented to it for evaluation during the March 2014 quarter - extending from copper, iron ore, iron ore sands and coal. In light of the current economic market and commodity prices, the Company is reviewing some presentations prudently. Whilst a number of project evaluations are underway, Nex are looking to favour an advanced stage project given the current market environment.