It would seem an easier negotiation for Shell to do a deal with a customer prepared to pay for gas based on the oil price and also contributing to the FLNG project costs with the customer retaining NXS's liquids rights, than for Shell to agree to develop the gas and pass on the liquids to Nexus.
I would be favouring Nexus selling Crux liquids to a gas customer with additional payments based on future additions to reserves from the licence. Some faith in RC to do the best deal for us though and he has plenty to work with. IMO the NXS Crux interest is worth between $0.75 and $1.50 on its own. (85% of 65M to 150M barrels at USD15 to USD20 per barrel and a billion NXS shares)
It would seem an easier negotiation for Shell to do a deal with...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NXS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
20.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $58.43M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 20.0¢ | 19.0¢ | $2.208K | 11.54K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 97393 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 35987 | 2 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| NXS (ASX) Chart |