NXS 0.39% $1.28 next science limited

share price, page-5

  1. 1,149 Posts.
    I had a nice accummulation pack get snapped up at 30c.

    IMO- It looks like it will stick around 30c until investors decide if the exit of IT is good or bad news. Most importantly what the company is going to do next going forward in 2010.

    It will be their first year of really proving themselves as a producer to Santos. They should be able to keep up with the demand from Santos in terms of output. They must it is in their contract. Hopefully it becomes a better earner than we anticipate.

    Naturally I think we need a JV partner for Crux at a fair buy in rate. Yet not a giveaway price.

    Is 200 Mil for 35% of the total share (NXS Share currently 85%) sound about right? Has anyone got any clearer guidence on the current worth of Crux (65MMbbl) 'proven and probable' resource asset?

    Cheers Merry XMAS and hope you have a 10 bagger in 2010 (Preferably something I am invested in also).
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