Ann: Pinnacles Feasibility Study Update, page-45

Never got completed/released and they shifted their attention to Walbrook.
Given the JV with NST/SAR, I thought the Pinnacles was the best opportunity to become a producer and bank enough cash to help get Crusader/Templar into production.
So why has it been shelved?? I don't believe they would have spent so much time and money into the project if it had any chance of being unviable when the gold price is close to $2500aud. Especially knowing they had bigger potential throughout the Walbrook tenement they could have focused on.
Personally I believe we are looking more likely to be a takeover target now rather than a producer.
Store the Pinnacles resource, define a larger resource from Crusader/Templar and sink a few discovery holes into Paint and wait for the phone call from NST.

Another possibility is that they bundle up Pinnacles and Walbrook into a big sale to NST for a whole lot of cash and a substantial shareholding(constant dividends), then throw the $$ into exploring Vic tenements and My Celia.

All just speculation on my part with an optimistic view. Interested to hear other people's thoughts too.