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
27.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $78.88M |
Open | High | Low | Value | Volume |
25.8¢ | 27.5¢ | 25.8¢ | $12.21K | 45.40K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 26.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
28.0¢ | 143465 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 25000 | 0.250 |
1 | 2500 | 0.245 |
2 | 6376 | 0.235 |
2 | 17071 | 0.230 |
1 | 4545 | 0.220 |
Price($) | Vol. | No. |
---|---|---|
0.280 | 143465 | 2 |
0.285 | 12524 | 1 |
0.295 | 3390 | 1 |
0.300 | 32437 | 1 |
0.305 | 7749 | 1 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
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