Ann: Ausmex to Drill Tier 1 IOCG Prospect at Mt Freda Complex, page-7

Not sure how tight they will hold..will they be happy with $60m (15c) or will they be looking at $100m (25c)? IMO Ausmex will need another 12 months of fairly large scale drilling to command that MC.

Regardless how tight, one thing is for certain. They will act in unison. BOD + largest shareholder own more than 50% of issued shares, whilst the balance of top20 owns another 20%.

A company the size of NCM normally won't publish drilling updates the way juniors do. They might do it periodically in investor presso or qtrly updates. As you pointed out, the fact that NCM make the announcement on their platform is interesting. We can only guess and speculate as to the reason why. Nonetheless, NCM going back to the tenement for more drilling after completing their initial stage is a positive sign.