NXS 15.8% 22.0¢ next science limited

crux field, page-16

  1. 5,205 Posts.
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    Dynofish, I strongly agree. The potential of Crux now looks to be significantly more than originally estimated , not only because of the new reservoir sand/thicker existing sands, but also because of the improved gas/condensate ratio AND the potential for the entire structure to extend into the adjoining permit.
    Incidentally, it seems to me that whilst NXS was well paid by Shell at the time for gas rights , Crux may eventually turn into an LNG project that may have yielded NXS a much bigger return. Having said this , NXS still have gas rights in the adjoining permit so they still have huge upside in any LNG project. Fortunately the shares will be suppressed for a while due to so called sophisticated investors still selling their placement shares. I say fortunately because it gives the truly sophisticated investors a chance to accumulate.I am still accumulating. This stock will put my kids through Uni.
    Occam
 
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