Whilst the geology is largely in the hands of the gods, it's the...

Whilst the geology is largely in the hands of the gods, it's the strategic flip-flopping and subsequent cap-raises which has frustrated the living daylights out of investors.

How many years, millions (and dilution) were pissed away copper at Bethanga, lithium in Vic & critical mineral mega peg in NSW etc.
The investment thesis for NXM has always been gold nearology in stable jurisdiction close to infrastructure. Just stick to those guns.
If investors want exposure to whatever the in-fashion mineral of the day is they'll invest accordingly...