trading halt, page-19

haha...

oh just to add a link whilst you blokes are waiting on what the heck this annoucement is, NXS was mention in an article yesterday:

Having reviewed oil price activity for the first quarter, Macquarie notes prices were slightly stronger than it had forecast for the period.

In coming months the broker sees price risk as to the upside given an optimistic view on global oil demand growth, especially given support from emerging economies and China. There is also the potential for US consumer spending to recover at a faster pace than currently expected.

Macquarie now expects oil will average US$87 per barrel in 2010, up from US$86.50 per barrel previously. Forecasts of average prices of US$90 per barrel in 2011 and US$98 per barrel in 2012 are unchanged.

The minor changes to Macquarie's oil price forecasts mean similarly modest increases in general to its earnings estimates across the energy sector.

These have had little impact on price targets and Macquarie continues to prefer Oil Search ((OSH)) and Australian Worldwide Exploration (ASX:AWE). Both are rated as Outperform, as are Santos (ASX: STO), Beach (ASX:BPT), Tap Oil (ASX:TAP) and Nexus Energy (ASX:NXS).

http://www.proactiveinvestors.com.au/companies/news/6465/new-pricing-points-for-oil-iron-ore-6465.html

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Glad to see Macquarie rating NXS as Outperform and having an optimistic view on future oil prices. Well, so now Macquarie Bank, Deutsche Bank, Pattersons, Hartleys and Southern Cross and others? Are giving good ratings and or buy recommendations. Gosh, how i wish one of them is right.

oh, anyway TH annoucement just came out! hmmm not really detailed... A pending announcement...

LM