OK so the next question is where the funds will come to 1)...

OK so the next question is where the funds will come to 1) Follow up regional drilling to make this a "gold camp" or progress the mining studies (is this a non-PFS?) 2) diamond drill the walk-up targets at Bethanga, 3) Survey the vast expanse of this mega pegged tenement package (if majors with more resources don't peg this much ground, why would an under-capitalised small cap?)

$6m cash less anything owed to consultants for this MRE/non-MRE.

The cap raise in Nov-21 while the DDH4 hype was in overdrive was daylight robbery, $19m at 0.46cps (3% discount to VWAP!).
If you tipped into that you're down ~80% in 18months.
If you tipped into the Sep-22, you're cut in half in just over 6 months.

Corporate goodwill has been torched....NXM does not participate in capital markets without a hefty discount (>30%).