XST 10.0% 1.1¢ xstate resources limited

Ann: Trading Halt, page-68

  1. 5,314 Posts.
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    It shows that Borba is no certainty to flow. I believe that is why XST market cap is doing well when compared with SGC because XST is exposed to a decent interest in the well but is not exposed to the majority of the risk and cost, and therefore XST offers the perfect balance between risk and reward when compared with SGC. XST also offers superior liquidity when compared with SGC, which will be very important when the risk kicks on.

    That said XST, SGC and SGCOA are all going to do very well imo.
 
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