In the current Sale process I would expect that Nexus will be pushing the case for "appropriate value" for shareholders ... the following may support that.. * "Futures" Price of Oil 2011, guide refer to the Brokers forecasts 2011. * The de-risked "probable AC/P23 reserves" (Auriga)... as recently stated by NXS AC/P23 could hold in excess of 100m/bls. Most valuation talk is focused on the Gross 75 million/bls (P50 reserves). Expect the Libra-1 drill outcome to support this argument. Added Wilson to the Table as follows...
Good LUCK .. SharpE
DYOR
NXS Price at posting:
32.4¢ Sentiment: Buy Disclosure: Held
