XST 0.00% 0.9¢ xstate resources limited

Ann: Strong Gas Shows Continue at Borba Discovery, page-117

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  1. 2,887 Posts.
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    That’s a takeover, I would assume as they have invested recently outside of Sacramento they would come up with a new name that’s more Global and you would get x amount of shares in new company for x amount of your existing shares.

    Again, I’m only speculating and Borba would need to be a success, new Company would own 100 percent of Borba plus all other assets increase in percentage. Associated costs would be much lower.

 
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