G'day all, IMO this is a massive turn around story just waiting to happen, "Longtom" is a life saver for NXS and the has only just come on line in the last few months, hyad it come on line years ago I don't think the share price would be this low!? 70 million a year coming for Longtom alone makes me think that this will turn around sooner than later.
A lot of the big bigger oil players such as ROC,AED share prices are also not doing to great but IMO NXS is a pretty good pick when you look at they have mony coming in from Longtom to pay dept and the massive upside of "CRUX" still not in the current share price IMO short term if a deal can be done and I am betting it can, I see 40+ cents share price. Good luck
NXS Price at posting:
23.0¢ Sentiment: ST Buy Disclosure: Held
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