nxs potential, page-8

Terrier, I don't mean to say that management have failed miserably but what I do feel is that you need to be a little careful in how you plan things and be sure that if the sky falls in, aka GFC, you're not left in a precarious position. I own a company and whilst I wasn't aware of the disastrous nature of the impending GFC I made sure in the general course of business that I was prepared for downturns and that I did not take on huge exposure and or risk. I recall seeing a post about Santos's binding arrangements with Petronas or whoever it was and it makes me wonder, why didn't NXS tee up a binding arrangement with Mitsui rather than just letting it blow in the wind. The LT failure, well imho NXS are the guys who chose the people that failed them. All I am really trying to say is that with the recent setbacks (maybe a better word than failures) the company needs to prove themselves and sort out the funding before investors will feel comfortable again - at this stage the AED deal is no different to the MITSUI deal.