NXS 7.50% 18.5¢ next science limited

libra1 shell well, page-9

  1. 374 Posts.
    Hello Misty,
    Correct.
    The Market isnt interested in our stated Reserves upgrade at the mo...wants more excitement from the Drill or some speculation on takeover rumours :(
    Apart from a back entry to NXS, the other reason I viewed the AZA Merger (be it a bit expensive) was the Market would like the new NXS being a Producer...lift the EP value / stated reserves.
    Anyway looks like 150c... there abouts, for the next month.

    Confident Libra-1 will be a success, their Siesmic modelling to date has been spot-on.
    If Libra meets or exceeds expectations, Shell will take a more commercial interest in NXS... similar to WPL...my opinion

    Good Luck and stay patient :)
    SharpE
 
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