NXM nexus minerals limited

Ann: Pinnacles Feasibility Study Update, page-27

  1. 4,571 Posts.
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    I think you have to ask, what is the meaning of life for Nexus? The strategy must be to be TKO by SAR/NST, the only question is for how much? If we assume that is the logical outcome, the best way to do that is:

    1. define a Karri style deposit at paint
    2. define high grade resources and reserves at Walbrook

    The time and attention to bring pinnacles to mine is taking away from 1 and 2. Why do you think there is no drilling till March? its because they are piddling around with the feas study for a few 1000 oz's. IMO mining pinnacles will add little to the market cap, if I am wrong I will still be happy though..

 
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