NXS 0.00% 20.0¢ next science limited

trading halt n/c., page-5

  1. 1,448 Posts.
    Can't see how NXS can farm out Longtom as Apache has option to farm back in till Nov for $150m from memory. Santos however also have an option to farm in for 30 odd % till end of year. Always expected therefore that NXS would have to initially fully fund longtom drill so assume this is what capital raising is for. Thinking that removing this uncertainty should improve Nxs share price.
 
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