Diamond / Deep Drilling to begin @ Bethangra October / after...

Diamond / Deep Drilling to begin @ Bethangra
October / after Winter.
NXM will need to Generate Cash / Raise Fund to Pay for this. This will become apparent when the June Quarterly
Report is released in the near future.
3 - 4 Million Cash Left?
A Deal with NST to Mine Wallbrook / a Royalty Agreement is the best Case Scenario moving
foreword IMO. After all they do have lunch together.
Mr Tudor has recently talked about Monetising the Asset.
MRE of 175,000oz @ $120 per oz (Due to Proximity)
makes for a Value of approx $20 - $25 Million
NXM Current Market Cap suggests this
is close to the mark.
Generating Cash will allow NXM to grow the
Resource with NST eventually buying the
WA assets once the grades are proved.
NXM could then focus on its other projects.
This is the Best Case Scenario I can see moving forward. The other option - A Capital Raise / Dilution
would only create more Pain for Shareholders IMO