NXM nexus minerals limited

Ann: Pinnacles Feasibility Study Update, page-23

  1. 1,068 Posts.
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    No doubting Walbrook is the main game but Pinnacles is a handy little stepping stone IMO. The benefits are yet to be seen but will hopefully be coming into fruition later this year.
    Whether they mine it themselves or sell their 90% stake to SAR, it will help provide the funding for extensive exploration through the numerous Walbrook targets and also help fund Crusader into production(perhaps with a similar JV for the current 85,000ounce resource).


    A lot riding on this FS, and hopefully the gold price can rally again to really jumpstart the year.


 
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