I'll engage @IIIIIIIIIII stand by my previous posts (yes,...

I'll engage @IIIIIIIIIII stand by my previous posts (yes, disappointed I didn't pick more up at these lows). If you look at the drill pattern (close, reasonably tight nit - almst infill) and depth (all less than 150m deep), it looks like NXM is doing exactly what they have indicated.

NXM appears to be preparing another 'pit' similar to the three at Crusader-Templar. If I was a betting man (and I am, which is why I hold this stock) I would predict that the drilling at MC4.1 will be a similar depth and pattern; drilling out a 5th (relatively) high-grade, open, ready to mine pit.

Further, each pit (based on Crusader-Templar) is looking to be circa 35k ounces. Easy, monetisable ounces ready to go. With relatively little capital, NXM can be mining at least 35k ounces per year for a period of 5 years based on these pits. From my previous posts, safe to assume a $1k profit at this stage. That translates to circa $35m per year for the next 5 years. Albeit, probably slightly lower in the first year (or potentially) two to accomodate other funding / capital / PPE requirements.

Regardless, that sort of cashflow, if it eventuates, will provide NXM with plenty of cash to drill out the rest of Wallbrook (width, legth and depth of current areas, as well as further regional areas) and also undertake explortation and drilling in the Eastern States.

Again, slower than we all would have liked, but solidm steady progress.

As and aside, while I am posting constructivly regarding NXM I would like to state.

1. I am very happy with AT leading the company.
2. I am embarrased about some of the things being discussed and comments made on this thread - it is not a good look.
3. You may not like each other, but it would be great if you put the personal stuff aside. I know @robbo24 probably doesn't care about the attacks, and definitely doesn't need any extra support, but his posts are genuinely very interesting. He shares information that a lot of us don't have the time or resources (or know how) to obtain. I am not 'taking sides', I just (selfishly) appreciate the construcitve discourse, which his posts often start or add to, and don't want them to stop.
4. NXM used to be a fantastic thread. Lots of very smart posters on here. I look forward to it returning to the insightful thread it once was.

NF