Dimma,
your kidding right?
in 2007 NXS sold a 15% stake in Crux for 75 million dollars...valuing the project at a meager 500million dollars...
NXS will have to sell down another stake in the project which would leave them with around 40-50% stake, and a heap of cash to get it into production...
next year sunk plus capex of 420million, and 590 million the year after...
So NXS will need serious cash...
cashflow for the entire project could near 3 billion dollars...with big upside on that with massive exploration potential...
dimma, forget about costs, and contracts... big projects with big cashflow take care of all money hassles once they are up and running... and they support and much higher sp as the market puts a big discount on pre production stage oilers... it would appear an even bigger discount with NXS...
pigsrus...
I am going to wait abit longer on this one...
I have higher opportunity cost elsewhere...
this is the first stock I would look to buy...
undervalued or what, page-9
Add NXS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
20.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $58.43M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.0¢ | 19.0¢ | $16.10K | 80.92K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 53199 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 300 | 1 |
View Market Depth
| Last trade - 15.56pm 13/09/2024 (20 minute delay) ? |
| NXS (ASX) Chart |