Refer Page 20 of the following presentation
http://www.asx.com.au/asxpdf/20120131/pdf/42410gw9zw4dx0.pdf
Nex is down near the bottom in terms of EV/resource compared to other developers and explorers. Shows that there is plenty of upside to the shareprice if they can get full scale mining happening and also contain costs.
These are just my thoughts and observations - please DYOR !!!
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