Curios? Not my number 1 oil stock preferenece, BUT what is going on here? Approx. AUD $4.8m market cap. Approx 170,000 barrels pa oil production in North America. Positive Cashflow (seemingly). Plus, new oil production in partially owned European oil fields. Plus potential from Borba Gas discovery in North America? Am I missing something? I would have thought a future possible merger between XST and SGC could be on the cards given the synergies? That could have combined market cap of around AUD $13.5m with around 400,000 pa oil production. Any thoughts/comments?
Ann: Borba Blue Hydrogen Opportunity, page-209
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