Announce Research Report by Wise-Owl
Sydney, Dec 4, 2014 AEST (ABN Newswire) - Nemex Resources Ltd (
ASX:NXR) is pleased to advise 'Wise-Owl' initiated coverage with a research report dated 1st December 2014.
The report has placed a 'Speculative Buy' recommendation on the Company with a valuation of $0.09/share (based on various assumptions), a premium of ~80% on Nemex's current share price.
The report has been uploaded to Nemex's website and is now available for reading.
The report was commissioned by the company.
To view the full research report, please visit:
http://media.abnnewswire.net/media/en/docs/78884-ASX-NXR-20141202-Wise.pdf
The report can be accessed under the Investors/Research Reports tab on Nemex's website at:
http://nemexres.com.au
About Nemex Resources Limited
Nemex Resources Limited (ASX:NXR) is an Australian based company with technology and mineral resource assets. Its present focus is biometric security technologies via a conditional earn in agreement for a 51% interest in Wavefront Biometric Technologies Pty Ltd ("WBT"). The Company's mineral interests encompass exploration licenses in West Africa and Australia.
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