At 30:12 Andy was asked "how do you get to 50mil (market cap)?...

At 30:12 Andy was asked "how do you get to 50mil (market cap)? What are the next steps?" (search YouTube for "proactive investors nexus minerals" in case this link doesn't link).

Andy responded "we are not being rewarded for the potential of Pinnacles and to go into near term cash flow for a junior. It is hard for people to get their head around the relationship with Saracen and access to the mill and what that means is these modest sized but good grade deposits can genuinely be brought out of the ground. On the decision to mine we'll start to see a kick and I think we'll see another kick as we roll forward in the exploration success at Wallbrook .. shareholders starting to see drilling 38 out of 40 holes mineralised in one prospect, 35 / 35 in another .. its not luck its lots of hard work"

If I am not mistaken, the language here in my opinion might imply the decision to mine is already a goer and we are on the verge of dollars going into the bank account without having raise $100m+ capex and years to build a plant, which for a junior explorer is huge and underappreciated by Mr.Market.

The other takeaway I got from the talk today was the strike length of Saracen's "Corridor of Riches" being 15Km versus 50km for Wallbrook. I'm sure I have read this before but didn't sink in...



Gold getting whacked at the moment but I couldn't resist and bought some more.

Good luck to all.