cba research december 2010

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    Company information presented in the following Stockbroker Reports is a guide only. It is not intended to be taken as advice. Nexus Energy Ltd accepts no liability for any loss arising from the use of information in the Stockbroker Reports. Please consult a qualified financial advisor before making any investment decision. Each research report contains a disclaimer or other important 'notice of disclousure' setting out a range of information which needs to be taken into consideration.


    As per research note of CBA at 45c Nexus shares have a potential upside of 45% to the basic target of 65c per share:

    http://www.nexusenergy.com.au/assets/97/Files/101209%20NXS%20Initiation.pdf

    they see a potential re- rating of 14c-30c up to the different crux development scenarios. Of course they could be wrong.....
    At the end of the report they have a WTI oil price sensitivity.....at 100$ wti price the NAV goes up from 0.65 to 0.79...and at the moment the price is ....about $100
    too many variables to consider???? . I have faith that Richard Cottee will deliver the best outcome for the shareholders.
 
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