Nexus is a very good company. I went to the AGM at Crown and was...

Nexus is a very good company. I went to the AGM at Crown and was expecting to have to sort through a lot of spin doctoring. These guys were slick with their presentation, but an overpacked crowd were there to size them up. One guy looked like my uncle, hard to read but couldn't lie if he tried. The CEO was pumped up, but he had a right to be.

These guys paid $12 million dollars for a lease and sold what was left of condensate and full gas reserves after 2020 for over $US50 million to Shell. Shell don't seem to be too worried. Nexus keep the high grade condensate.

Maybe this field is really huge, and like all exploration the different parties are covering their bets. It makes sense to spread the risk and rewards.,

The 3D seismic graphs I saw seemed great. I talked to a lot of much more experienced investors at the meeting and they all love Nexus.

The fields they are evaluating will lead to a top 5 producer.