Ann: Pinnacles Feasibility Study Update, page-29

@gonnfishing
I do agree with:
1. define a Karri style deposit at paint
2. define high grade resources and reserves at Walbrook

I personally think Paint (the Karri style deposit project that NXM has on the back burner) is the game changer as i have posted about extensively before. However as @Aliasdavejay has rightly pointed out drilling takes $ and the arrangement in place with SAR will help fund the drilling and reduce future dilution (of which i should say here has been miniscule by NXM in over 10 years ((other than the last two raises .... but we still only have <240m SOI)) ).

As for Paint, i did post Andy's response to my enquiry about drilling there previously here: https://hotcopper.com.au/posts/49402446/single

I believe that the sp will increase from here on in after (1) Holiday period ending (and all that brings), (2) PFS being released sometime in February, (3) drilling recommencement in March, (4) POG price rising (although i'm surprised it hasn't given the USA have turned on printing presses and have put paper and ink on the critical resources list!)

Anyway, just my 2c worth.
I believe, currently, that NXM is a good punt given everything they have going on at present and their track record of ticking things off as promised. I have continued to add from 4c and have traded a few parcels to increase my holdings at zero cost.

All the best,
Perdy