NXS 3.33% 29.0¢ next science limited

Same update different day.In reality there is nothing new in...

  1. 261 Posts.
    Same update different day.
    In reality there is nothing new in this latest release.
    Any future opportunity for growth does not appear to emerge until 2014-2015.
    Possibly a good opportunity for long term holders to accumulate over the coming months as there is no hint of any catalyst to drive SP up in the near future.
    Not going to speculate on NXS future direction any more as there have been so many theories over the years and most speculators have been very very wrong.

    Perhaps NXS best prospect is to maintain there (OUR) 15% stake in crux and participate in the drilling of Auriga.
    If this prospect does contain up to 2.5tcf of gas and condensate as speculated NXS could in theory have a total CRUX resourse of 15% OF 5+ tcf of gas and condensate greatly improving the prospect of a stand alone FLNG facility.

    NXS is very good at doing what NXS does which in reality is not very much. Any one can produce a glossy phamphlet with a whole lot of wiz bang graphs and fabulous pictures. What we need to see now and over the coming years is these graphs and pictures turned into reality. Only time will reveal if this current board is just another member of the glossy phamphlet brigade or the real deal. What's the next move by NXS? YOUR GUESS IS AS GOOD AS MINE.
 
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29.0¢
Change
-0.010(3.33%)
Mkt cap ! $81.67M
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30.0¢ 30.0¢ 28.0¢ $20.33K 70.82K

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1 2300 28.0¢
 

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29.0¢ 9877 2
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Last trade - 11.31am 25/07/2024 (20 minute delay) ?
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