Yeah and since that announcement it's total radio silence on Pinnacles... even in this latest preso.
I reckon it has something to do with the Saracen takeover by NST..... as now they are a much, much bigger PM player and the Pinnacles JV would be way down on their list of priorities.... if it's there at all.... so it makes sense for NXM management to shift their focus aswell.... otherwise they'd be investing all this coin into Pinnacles and could be waiting for ages for NST to respond or show interest in pursuing the venture.
It doesn't mean it won't come into play later on.... but why not put some value into other tenements around Pinnacles (eg; Cursader) that are 100% NXM....... as this approach (if the drills hit some good grades) will increase NXMs profile in the region and could also spruik further interest by NST.
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