NXS 5.88% 20.0¢ next science limited

latest gas flow reports?, page-7

  1. 3,849 Posts.
    Its normal for them to take 4 weeks or so for the gas flows to be ramped up. No-one would be expecting them to flow at contracted rates from day one.

    Co still believes they can supply contracted rate from just one well so two should be fine.

    Real kicker will the reserve upgrade which it appears is just weeks away. Expect that to add some decent increase in value to the NPV allowing a bigger $ for whatever they're negotiating to hive off. This in itself will add considerable cash to the coffers. Clearly the deposit paybacck to AED Jan end appears to be timed with this in mind.
    It maybe that Sinopec will be party here. And for more than AED had offered.

    Be patient.
 
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