NXM nexus minerals limited

Good to see that the NST and SAR scheme approved by the WA...

  1. 22 Posts.
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    Good to see that the NST and SAR scheme approved by the WA Supreme Court today - 'Big brother' Saracen all but confirmed to be a top 10 worldwide producer by 15 February if approved by ASIC tomorrow.

    Would think that the FS is announced at some point in February which will hopefully include a positive decision to mine at the Pinnacles JV. Given the previous cap raise, the Company is unlikely to have any issues commencing mining operations quickly or maintaining appropriate cash flow due to the ore streaming with SAR / NST and (hopefully) improving gold price.

    Near term production with the profits pumped back into Wallbrook which will hopefully see some juicy results around late April or early May.
 
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