Finding some positives....
Guess the astute would have picked on the most likely recoverable resource from Auriga .... has increased from 35MMbbl to 42MMbbl, up 20%.
I would suggest that is based on the Libra-1 results, which to me indicate a 20% increase, from the NXS best estimate of 19MMbbl.
With a positive March 31st announcement .... Sale of 15% of AC/P41 ? ...then funding for the Auriga planned drill in late May 09.
If successful Auriga will create some near term interest.... @ 85% value to NXS would add another 35MMbbl to the Proved & Probables. (Added to the Crux 64MMbbls Net and the Longtom 122Mboe) .
Positive result de-risks Caelum.
Tom becoming a Producer mid year.
POO seems to have found a bottom now is pushing US$50 :)
US economy bottoming and mild recovery in 3 to 6 month...
"I have a lot more than my faith" in Nexus at present; apart from hoping for a lucky outcome .. I am expecting the Directors to maintain a well managed approach to adding shareholder value, while keeping the company solvent.
I am still bewildered that the Crux Sale process did not achieve somewhere there a reasonable result for the Holders ... such a prime asset??????
Good luck..
SharpE
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Last
19.5¢ |
Change
-0.005(2.50%) |
Mkt cap ! $56.97M |
Open | High | Low | Value | Volume |
19.5¢ | 19.5¢ | 19.5¢ | $5.102K | 26.16K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 74952 | 19.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.0¢ | 35987 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 74952 | 0.195 |
1 | 52578 | 0.190 |
2 | 86599 | 0.185 |
5 | 84233 | 0.180 |
2 | 21000 | 0.170 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 35987 | 2 |
0.205 | 15000 | 1 |
0.215 | 7298 | 1 |
0.220 | 36214 | 1 |
0.225 | 4444 | 1 |
Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
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