I think Thursday or Friday we should see an update... at the least on the asset sale. Hopefully discussions have progressed with the Suppliers (mainly Sedco), to a point that NXS are able to make that "substantive release". If it is positive I expect the exploration Wells to be part of this release statement. Then with an expected successful drill at Auriga in June AND Longtom coming online in July, that should be just the positive news Nexus needs.. (I need).
BUT like most of us I have tried to read between lines on any of the Nexus information that is released. To this stage, I am doing what I have to (no other choice), and placing all my faith (400k of shares) in the hands of our Directors, firmly believing they are acting in the best interest of all shareholders.
Increased confidence now... Sentiment in the Market seems improved. POO has clearly rebounded. NXS a Producer very shortly.
And we still have the quality assets.
Good Luck .. SharpE
NXS Price at posting:
35.2¢ Sentiment: Buy Disclosure: Held
