vessel for longtom, page-12

According to this article dated 11/09/09 "installation work which recommenced last week" and "completion of installation work now expected by October 15":

"Nexus will continue to focus on the completion of the Longtom offshore installation work which recommenced last week and looks forward to the benefits of cash flow from the project," the company said.

Nexus said earlier this month that it planned a capital raising to cover a cost blowout in the construction of the project offshore Victoria.

Technical issues have delayed its startup with completion of installation work now expected by October 15 and first gas sales expected soon thereafter, Nexus said earlier this month.

Source:
http://www.theaustralian.news.com.au/business/story/0,28124,26058471-5005200,00.html

Article has previous posted on one of the NXS "no sale" threads.


Regards

SP