I was encouraged by the presentation. The QTR fianancials will...

I was encouraged by the presentation. The QTR fianancials will be more revealing.
The next year may be lumpy with low then high grade ore being treated.

NML, from being a cash consuming explorer, has had $20M of cash generation form the Qld mine FY22, and 2 years of ore @40k oz/year. That is a minimum bottom line story. I expect the story will get better.
All I need from NML is to continue to self fund exploration, to continue to look in the right places and the big payback will come.

NML price fall is painful for me too, but it is largely an industry wide price faIl, flooding the market with seemingly undervalued stocks ... so many "bargains" to choose from. Selling out now would not be rational for me.
DYOR.