NXS 0.00% 21.5¢ next science limited

trading halt - capital raising?, page-3

  1. 3,800 Posts.
    Vale

    Yes Longtom is one of two wells to be drilled in the last quarter this year apparently.

    NXS will have somewhere near 35% (cant recall exact %) of the permit free carried.

    Longtom has been drilled once before so should be lower risk than normal.

    The other targets in the permit are 100 mb oil targets so should generate a bit of interest.

    After funding, drill timing and contracts is the last card to fall in place for NXS.

    acturtle
 
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