NXS 2.63% 19.5¢ next science limited

announcement, page-11

  1. 2,538 Posts.
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    Shazza

    The field is likely to be significantly greater than 40 without extending to the South. If it extends to the South, that will be above and beyond, a very sweet bonus.

    Some negatives though that might hold the price back a little depending on how the market wants to view it is, there is likely to be a delay in project startup becuase FID will almost certainly be held up because of sidetrack and the likely requirement of another appraisal well in permit. Might be difficult to gain financial approval with Crux-2 only.

    I think Shell will certainly have something to do with it. The overall picture at Crux is huge, especially if you consider AC06-2 goes their way.
 
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