There is a strong probability that the Viking FPSO MOU arrangement with NXS was a major reason why Mitsui cancelled the AC/P23 25% purchase. Too much risk?
That was followed by the near immediate uptake of the 20% Farm-In to the (Shell / NXS) AC/P41, a vote of confidence as to the value of the Wider Crux Assets.
So there is a current alliance, Mitui, Osaka, Shell & NXS.
The securing of the FSPO by say Shell is the key part of these negotiations, and it would not surprise me to see Mitsui being part of a "consortium" in which also Osaka increases its stake.
It provides some substance for speculation...
I am still of the view NXS will secure the farm-in on favourable terms; I hope that it is a "water tight" agreement, and it happens within this month.
Good Luck...
SharpE
DYOR
- Forums
- ASX - By Stock
- who will be farm-in partner?
There is a strong probability that the Viking FPSO MOU...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NXS (ASX) to my watchlist
(20min delay)
|
|||||
Last
19.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $56.97M |
Open | High | Low | Value | Volume |
19.0¢ | 20.0¢ | 19.0¢ | $1.947K | 9.789K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 8695 | 19.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.0¢ | 45449 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8695 | 0.195 |
1 | 16387 | 0.190 |
4 | 66783 | 0.185 |
4 | 98894 | 0.180 |
2 | 25714 | 0.175 |
Price($) | Vol. | No. |
---|---|---|
0.200 | 45449 | 1 |
0.210 | 1298 | 1 |
0.220 | 4543 | 1 |
0.225 | 5000 | 1 |
0.240 | 41438 | 1 |
Last trade - 11.49am 11/10/2024 (20 minute delay) ? |
Featured News
NXS (ASX) Chart |