NXS 7.02% 26.5¢ next science limited

T we're not saying anything different, the doomsayers would have...

  1. 3,849 Posts.
    T we're not saying anything different, the doomsayers would have you believe there's too much debt, due too soon. WRONG. As I said ALL debt has now been RENEGOTIATED or in part paid down with the $122m raised. For so long the doomsayers have been complaining about the debt burden and while the $122m may be transitory it ultimately reduces Debt and therefore interest on that debt therefore increasing the free cash flow. Its not as if it's been spent on morning tea for RC.

    Why don't you quote the rest of my post? As you yourself have stated Longtom is cash flow positive particularly now its producing 85TJ/day with complimentary condensate production.

    Either way if you don't think NXS is cheap sub 30c with LT valued at 35c particularly at current production rates SELL!

    Clearly the downrampers have the floor so ramp away.

    I'll keep my thoughts on the likely asset swap RC will do with Shell to monetise Crux to myself. Too much BS here on the NXS threads for me.

    See ya.
 
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