XST 11.1% 1.0¢ xstate resources limited

Ann: March 2022 Quarterly Activities and Cash Flow Report, page-2

  1. 1,328 Posts.
    lightbulb Created with Sketch. 89
    Happy with that.

    Production continuing to increase - should be over 40,000 next quarter I expect.

    Company running on an oily rag other than exploration costs - already received over $400k this quarter which would be straight to the bank. Can build cash for next Anshof drill.

    Something on Borba needed to send this back over 1c, but quietly making cash in the meantime anyway. Really should be trading higher. No real downside if they can keep funding any new drills.
 
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