let's stick to the facts instead of charts

Hi guys,

bought in a couple of days ago due to some great fundamental upside in NXS.

Technical analysis is ok but the fundamental background should always be taken into consideration which is what's currently lacking here.

NXS have passed a major milestone by getting into production with Longtom and got some outstanding assets with CRUX and other assets. Crux was valued at 1B$ 12 months ago and there's still substantial value in this asset.

Longtom is considered to be worth around 400-500M$ in NPV which provides a definite base value floor for the company.

Annual cashflow will be around 70M$ and NXS are earning money as we speak which is a major change compared to the SP's performance a couple of months ago. This uncertainty has been wiped out.

So why bother with Technical analysis whether a support level is to be breached or not when there is undoubtedly value to be seen in this company which just has to be completely unlocked over the coming months.

I for one wont be a seller in the low 30ies as NXS have to much going for them.

Sit back, relax and dont watch day by day fluctuations in the SP. NXS will have its day in the sun.

Cheers