patience and reward

Hello All,
the main game is the Greater CRUX field. Have another read over the recent DRILL results and then have another view of the most recent CRUX Field siesmic Map.... 'Others would like it and in the future may try get it'

Shell is the Operator of AC/P41; Libra is due to be spudded in May.
--The following is a response from NEXUS:
'The Octantis Seismic 3D survey is being processed by Shell and the delivery of the final data set has been delayed and is expected shortly. Interpretation of the data will be dependent to some extent on the inclusion of the results from the upcoming Libra–1 well, which is scheduled to be drilled in May'.

Remember NXS Siesmic modelling to date has been accurate and proven by the results in AC/P21! SO statements like the following from the Feb08 Presentation gives me the confidence to weather the current bad sentiment!

'Greater Crux Area (AC/P41) / Browse Basin
Total estimated gas and condensate reserves and prospective resource more than 6 trillion cubic feet of gas(tcf) and 220 mmbbl of condensate!!!
50% Nexus & 50% Shell'
Libra-1 will go along way to proving up this comment and the positive sentiment to the SP will be deafening!

BUT;
A lot of the recent posting in my opinion shows little faith in a strong NXS management team and certainly demonstrates very little patience in allowing a clear plan to develop!

As far as the AZA merger is concerned, my money is on NEXUS doing what is best in the long term for the business, which benefits us the shareholder.
This last dip I have taken as another opportunity to increase my already large holdings.
As I have said in the past....
-Investment in E&P stocks is a risky bisiness and surely isn’t for the faint hearted. But if you genuinely believe the story and have the nerve, along with a good dose of patience and large degree of luck then WEALTH will happen!

Best of Luck

SharpE :)