NXS 0.00% 20.0¢ next science limited

new southercrossequities report on nxs

  1. 345 Posts.
    Apologies if anyone on here has already flagged this but I've just noticed there's a new broker report on the Nexus website (investor section). It's quite fresh off the press dated Nov10th.

    The direct link is http://www.nexusenergy.com.au/assets/97/Files/NXS%202010-11-10.pdf

    Apart from valuation/targets/possible upside the main thing that I took from it from my initial quick read is that Shell needs the Crux reserves to make their Prelude FLNG project happen. I had the impression that Crux was attractive but didnt quite realise that Shell actually NEEDS CRUX FOR PRELUDE...

    Anyway understandably given the recent string of good news I'm quite confident about NXS at the moment... Let the good times roll :)
 
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