Although they said overall drill program results are due in May, they mentioned today that they have an XRF on site for analysis. If individual holes are good, they may use this to announce results as they happen, like they did during the 2011 drilling campaign, refer to June/July 2011 anncs here:
http://www.asx.com.au/asx/statistics/announcements.do?by=asxCode&asxCode=nxr&timeframe=Y&year=2011
With so much going on in addition to drilling at the moment this is definitely a buy and hold for me- a lot of catalysts to push the price higher which far outweigh those that could bring it back down. A strategy of buying and holding during a drilling campaign for me tends to reward the greatest. Great that they own the drill rig too.
drilling has started, page-7
Currently unlisted. Proposed listing date: WITHDRAWN
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