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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