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
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($) | Vol. | No. |
---|---|---|
14.0¢ | 517725 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 841677 | 0.135 |
16 | 4858798 | 0.130 |
4 | 960414 | 0.125 |
2 | 755000 | 0.120 |
4 | 470800 | 0.115 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 517050 | 10 |
0.145 | 238522 | 7 |
0.150 | 1066000 | 5 |
0.155 | 807692 | 5 |
0.160 | 243164 | 4 |
Last trade - 11.14am 15/07/2025 (20 minute delay) ? |
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CC9
CHARIOT CORPORATION LTD
Shanthar Pathmanathan, MD
Shanthar Pathmanathan
MD
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