XST 10.0% 0.9¢ xstate resources limited

Ann: Xstate Resources Operations Update, page-360

  1. 4,823 Posts.
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    A picture paints a thousand words way way oversold earning revenue not in danger of going bust especially if the gas they have hit comes up commercial. Even then with the oil producing assets purchased from Canada very cheaply below cost and more in the pipeline, it's still way oversold.
    Joke Biden has put a rocket under the price of oil.
    Oil maybe on the way out for motor cars but it's not just flick the switch to turn on the windmills to charge the batteries it's still gonna take a lot of time and oil.
    That's a massive gap there and it will be filled IMHOhttps://hotcopper.com.au/data/attachments/3086/3086272-fcdf101de2dc9aba68b9eac746ab2ec6.jpg
    Last edited by kevscranes: 13/04/21
 
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