Wasn't this also you 3 days ago?
"After further interpretation of the (repeated) comments that the sub-surface geology of Longtom is more complex than originally thought, means that Nexus has over-stated the Longtom reserves, and that Longtom 3&4 are depleting faster than anticipated. It is so serious that they are bringing forward the drilling of Longtom South which is a seperate field although within the same permit. High risk and very serious indeed. This is supported by the discount rate applied to the Asset in the Annual Report.
************** WARNING **************
Nexus needs to show progress on Crux and Echuca Shoals to weather any storm that may occur with Longtom supply as its only a matter of time.
Fowler has shown no progress in the last 4 weeks where he stated that he would make sure that Shareholders would be kept up to date.
Is any of this Management team worthy of their titles???? "
buy back in did we?
Wasn't this also you 3 days ago?"After further interpretation of...
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Last
21.0¢ |
Change
0.015(7.69%) |
Mkt cap ! $61.25M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 21.0¢ | 20.0¢ | $3.624K | 17.75K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 80261 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 7325 | 1 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| NXS (ASX) Chart |