finance, page-3

You guys need to do research before you put up information on the sceen.

Fur seal - NXS has to pay 37.5% - well will cost around 8 to 10 million.
Longtom appraisal - Nexus has huge cost exposure here and are under considerable cost pressure. They have committed to a rig and will need to commit money to buy equipment now to be ready to drill the well. Costs will be huge
Culverin/Simitar - Read the farm-out notice. The well will cost in excess of the $15 mill cap to be paid by the Koreans so NXS will have to fund 50% above the 15 mill.

If NXS does not sort out its finances (get rid of most of the longtom appraisal costs exposure very soon via a farm-out to ?? STO - keep dreaming) shortly expect huge pressure on the company share price.