bowman
- 12 Nov 2004 08:54
Nelson Resources has four producing oil wells with there share of production is around 19000 bpd . Third Quarter results out monday 15th november
Regards bowman
Dailos
- 24 Nov 2004 17:40
- 11 of 11
bowman
NLG has been off for the past few days following falls on the TSE, falls due to rumours the Kazakshtan government are changing their policy on awarding new licenses. Also a note from Aton today........
From Aton 24th Nov
Nelson Resources. Issues 18.9mn stock options
Nelson Resources said yesterday it had granted a total of 18.9mn stock options (2.2% of the company's outstanding share capital) to senior management under the company's stock option plan.
The options are for common shares and were granted on Nov. 17, 2004, at an exercise price of C$2.40 ($2.03).
We reiterate our Buy recommendation on Nelson with an end-2005 target price of $2.82.