NXM 2.44% 4.2¢ nexus minerals limited

We are currently waiting for the feasibility study to drop –...

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    We are currently waiting for the feasibility study to drop – from the last quarterly:

    “ … feasibility study completion expected early 2021”

    Not sure where the “no drilling till March" comment comes from (although you did state drilling to commence by early March) as in the same quarterly it states:

    March 2021 Quarter – Work Program

    During the March 2021 quarter, the Company intends to undertake the following activities:

    · Wallbrook Gold Project – commence a diamond drill program at Crusader / Templar prospects

    · Pinnacles Gold Project – continue feasibility study inputs

    The March quarter runs from 1st Jan – 31st of March, though not due to be reported on until 30th April.
    Drilling could re-commence at any time.

    Having said that, assays are currently backlogged at labs in WA and are taking between 40-60 days to be released, depending on the lab. Therefore, any drilling that may occur, could take some time to be released to market ... late April - May?

    It would be nice to get the feasibility study ann and an ann re the recommencement of drilling close together.

    Either way, there is plenty to look forward to this year, imo.

    (Personally, I’d really like some info on drilling plans at the Paint prospect. A company maker imo ((see previous posts)) and $ earnt from ore sales to SAR could be used to progress this project in tandem with other activities.

    Anyway, jmo.

    Good luck longs!

    Perdy

 
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