It can be safely assumed Nexus & Northern Star have agreed there is real merit to updating the Mine Study of their Pinnacle JV Gold Project (NXM 90% : NST10% contributing JV).
This is a Very Positive Announcement.
It's also encouraging for Nexus SHs with the Crusader-Templar Scoping Study well underway (refer announcement 7 October).
Both production focused initiatives will contribute to monetising these 2 assets, which is part of NXM's stated business plan.
Likely to see the SP of Nexus rise sharply with future announcements on these to projects.
It can be safely assumed Nexus & Northern Star have agreed there...
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