NXM nexus minerals limited

Ann: Investor Presentation, page-20

  1. 1,068 Posts.
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    As mentioned, this presentation is focused on the eastern states tenements to suit the target audience in Singapore.
    Wallbrook is still the flagship project and the main focus for the time being IMO.
    Look at the planned exploration…. 3x drilling at Wallbrook vs 1x at Bethanga over the next 6 months.

    The interesting one for me is that no further activity planned at Crusader-Templar. Maybe they had that ‘MRE release’ box shaded through to June so it didn’t look like such a long blank afterwards.
    So is it ready for monetisation….or will they mothball it like the Pinnacles project? I still like the chances of monetisation.

    https://hotcopper.com.au/data/attachments/5180/5180399-aac18f32371f119449b599f44ba379e2.jpg


    All these new tenements are even more green fields than Bethanga(as far as I can tell). It will take months and months for the team to go through the processes before generating targets to actually drill so I doubt they will be neglecting the gold at this stage.
    And for all we know, it may not even be Andy over in Vic/NSW doing the field work.
    As per the Bethanga fertility announcement….


    https://hotcopper.com.au/data/attachments/5180/5180392-f05b1c24c738229ed6194fe4e4fcc341.jpg
 
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