with 66 million cash nexus must be a target be, page-12

In this energy market (in light of recent farm ins at BMG and NXS, as well as CSM LNG partnerships), I reckon it will be the international companies that will pay a price that suits the management .
If a $1.60 buyer understands that their investment can be paid off in 2 years with existing and forecast expanded production, and then get more than a decade of oil and gas production for free (excluding the opportunity for reserve upgrades and production extensions) and also exposure to NXS directly and to a few of their exploration prospects via JV equity, I reckon it is a standout opportunity .