NXS next science limited

auriga

  1. 374 Posts.
    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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(20min delay)
Last
13.5¢
Change
-0.005(3.57%)
Mkt cap ! $39.50M
Open High Low Value Volume
13.5¢ 13.5¢ 13.5¢ $33.78K 250.2K

Buyers (Bids)

No. Vol. Price($)
9 841677 13.5¢
 

Sellers (Offers)

Price($) Vol. No.
14.0¢ 517725 11
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Last trade - 11.14am 15/07/2025 (20 minute delay) ?
NXS (ASX) Chart
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