Nelson logo.JPG

Nelson Resources

ASX:NES

Last Price:

$0.006

Our Investment Summary

Date of Initial Coverage

02-Feb-21

Initial Entry Price

$0.075

Returns from Initial Entry

-92%


Our Big Bet for NES

For NES to make a gold discovery at its Woodline Project, near to the 7.6Moz gold deposit, Tropicana.

The results from the drilling campaign were not enough to warrant any more significant exploration expenditure by NES at Woodline. We are holding on to our NES shares in the hope that the company finds another project of interest OR makes an unexpected discovery. We may sell out of our NES position to free up capital for other investments


Investment Milestones for NES

✅ Initial Investment: @7.5c
🔲 Top Slice
🔲 Free Carry
✅ Initial Investment: @0.94c
🔲 Free Carry
🔲 Take Profit
🔲 Price increases 300% from initial entry
🔲 Price increases 500% from initial entry
🔲 Price increases 1000% from initial entry
✅ 12 Month Capital Gain Discount
🔲 Hold remaining Position for next 2+ years

Our Past Commentary on Nelson Resources

Date Title
21-Aug-2021 $ 0.042 Market fluctuations and portfolio news and quick takes
18-Aug-2021 $ 0.043 The hunt for Tropicana lookalike continues
02-Feb-2021 $ 0.079 $11M Capped NES is Hunting the Next Tropicana - Drilling to Start in Days




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