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Nelson Resources


πŸ“‹ What do Nelson Resources do? Nelson Resources (ASX:NES) is a gold exploration company with a portfolio of four wholly owned gold projects located in Western Australia.

Nelson Resources Company Milestones

βœ… Portfolio Initiation
ℹ️ $2M Cap Raise @7.5c
ℹ️ $2M Cap Raise: @4.5c Renounceable Rights Issue
πŸ”² Unexpected Positive Announcement 1
πŸ”² Unexpected Positive Announcement 2
πŸ”² Unexpected Positive Announcement 3

Woodline Project

βœ… RC Drill Rig Secured
βœ… 6,000m RC Drilling Program Commenced
🟧 Drilling Program Delayed
βœ… Drilling Program expanded to 10,000m
πŸ”„ 10,000m RC Drilling Complete
πŸ”² New Milestones Added

FY 2020/21 Woodline Drill Results

🟧 Assay Results 1 (Grindall) - [Delayed 2 months]
🟩 Assay Results 1 (Socrates)

πŸ”² Assay Results 2 (Socrates)
πŸ”² Assay Results 3 (Socrates)
πŸ”² Assay Results 4 (Socrates)
πŸ”² Assay Results 2 (Grindall)
πŸ”² Assay Results 1 (Redmill)

Investment Milestones

βœ… Initial Investment @7.5c
πŸ”² Price increases 250% from initial entry
πŸ”² Price increases 500% from initial entry
πŸ”² Price increases 1,000% from initial entry
πŸ”² Free Carry
πŸ”² Take Some Profit
πŸ”² Hold position for key drilling event
πŸ”² Decide New Investment Plan after results of key drilling event

β€œExpected Company Milestones” are based on the company's publicly available execution plan and some assumptions made by our team on potential announcements that should de-risk the investment. β€œOur investment milestones” show our current long-term investment plan. Early stage investments are risky and there is no guarantee that the expected events will occur. The lists are not in sequential order.


πŸ”² Expected Milestone
βœ… Achieved Milestone
🟩 Above Average Result
🟨 Average (Expected) Result
🟧 Below Average Result
πŸŸ₯ Negative Result
🌎 Macro Event
βš”οΈ Results from Other Company / Project
πŸ”„ In Progress
[UPA] Unexpected Positive Announcement
[NEW] New Milestone Added

Our Past Commentary on Nelson Resources

Type Date New Title
Mention 21-Aug-2021 What Happened This Week? Aug-21st-2021

Nelson Resources Market Data

Latest Article from Nelson Resources

What Happened This Week? Aug-21st-2021

Remember a couple of weeks ago when the small cap market was roaring and everything was going up? Seems like an eternity ago now after the majority of the small cap market took a beating this week.

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