This is a massive project about to come into fruition.
Once finance is approved; the 7.4 billion dollar potential will reflect share price.
"The field life of Crux is expected to be ten years with the end of its productive life in 2020. The field is expected to generate $ 7.4 billion in revenues (undiscounted) during its entire life (starting Q4 2010) and is expected to yield an IRR of around 26.9%."
If anyone out there cannot see the serious potential of NXS please re-consider. The CEO is the Michael Jordan/Roger Federer of Gas in Australia.
After seeing what he did for QGC you will be pleasantly surprised with NXS. Keeping in mind they were taken over by BG group.
Track record of NXS CEO - History Will Repeate Itself.
http://pipl.com/directory/people/Richard/Cottee
DYOR
NXS Price at posting:
45.0¢ Sentiment: Hold Disclosure: Held
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