Nelson Resources

📋 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

✅ Portfolio Initiation
ℹ️ $2M Cap Raise @7.5c
ℹ️ $2M Cap Raise: @4.5c Renounceable Rights Issue
🔲 Unexpected Positive Announcement 1
🔲 Unexpected Positive Announcement 2
🔲 Unexpected Positive Announcement 3

Woodline Project

✅ RC Drill Rig Secured
✅ 6,000m RC Drilling Program Commenced
🟧 Drilling Program Delayed
✅ Drilling Program expanded to 10,000m
🔄 10,000m RC Drilling Complete
🔲 New Milestones Added

FY 2020/21 Woodline Drill Results

🟧 Assay Results 1 (Grindall) - [Delayed 2 months]
🟩 Assay Results 1 (Socrates)
🔲 Assay Results 2 (Socrates)
🔲 Assay Results 3 (Socrates)
🔲 Assay Results 4 (Socrates)
🔲 Assay Results 2 (Grindall)
🔲 Assay Results 1 (Redmill)

Investment Milestones

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

“Expected 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. “Our 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.

Key

🔲 Expected Milestone
✅ Achieved Milestone
🟩 Above Average Result
🟨 Average (Expected) Result
🟧 Below Average Result
🟥 Negative Result
🌎 Macro Event
⚔️ Results from Other Company / Project
🔄 In Progress
[UPA] Unexpected Positive Announcement
[NEW] New Milestone Added