is it worth the risk?, page-26

re: is it worth the risk?... "Fundamentally NXS has no income or asset backing...but this means little....stocks like this are priced on potential.
Eg if one was to wait for success at longtom and grayling the share price would probably be around $2+...so youve missed out on the major gains."

oops 20 - 30% chance on the first well and who knows on the second the rights to which were sold to them on the basis it was unlikely to be commercial - don't invest unless you're prepared to have a possible 90% loss against probadly a 20 - 30% gain - and we've already had part of thatt