Let's just say the cleverly worded announcements are all BS, being consistent with what they have promised over the last 5 years.
So let's take a look at our World Class Assets.
Longtiom Seems the new contract has reflected poorly on last quarters earnings. NXS is yet to settle a take or pay compensation claim against STO Resource halved Big expenditure on the horizon. Cost of production is outrageous A claim foreshadowed by a contractor.
CRUX Minority holding Sedco claim $70m Massive loss taken on long lead items, tens of millions Massive investment circa $200m wasted Major financier wants out BOS Big expenditure on the horizon. CS exiting
At least 6 of key management on the consummation of Shell deal. LDM and Co will bring this down and She'll will collect at next to nothing. This is not bad luck, it's the best I've seen in value shifting.
Smell the roses guys. You've been screwed well and truly.
NXS Price at posting:
7.5¢ Sentiment: Sell Disclosure: Held
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