Good outcome IMO, this is exactly the direction the board should be taking. Define grunty high grade shallow oz's at Walbrook and spin up an MRE and some reserves and sell the lot to NST/SAR for 4-5* the current market cap, easy peasy. After the next drilling programme, they need to focus on the MRE.
Irrespective of pinnacles, it does not change the fact that NXM dirt is within spitting distance of the SAR plant and infrastructure, so for NXM to convert the Oz's to shareholder wealth is incredibly straight forward compared to many other explorers in the ar5e end of no where with no plant or infrastructure. This fact along should make NXM one of the favored explorers when the gold bull market resumes.
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