NXS 6.25% 22.5¢ next science limited

nexus highly undervalued and why..., page-25

  1. 13,068 Posts.
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    Yes

    But is reliant on Shell deciding to develop the field. so NXS loses control of development. In any valuation analysis this would require a lower valuation being put on the Crux field.

    If Shell decide not develop, then value to NXS is nil it appears?
 
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