So you now happy to pay AUD 17 million to become a marginal stripper well producer with maybe an initial production of 250 bopd if it all goes well.
Whilst a similar amount could discover 4 Tcf of gas.
Go figure.
But that the mandate the board feels the shareholders have given them, I don't think its correct but that is what it is.
So my fellow punters how are XST going to raise the AUD 17 million?
They could buy a Tuesday Oz lotto ticket as a win this week equals AUD 10 million or....well that a problem is it not, massive dilution of existing shareholders or any other dreaming schemes.
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