You reckon? Half the lithium focused companies with prospects in Brazil or somewhere and no realistic hope of ever producing anything are valued at $200M+.
XST are cash flow positive [just].
Management IMO are doing a good job, almost literally on the smell of an oily rag, to turn this micro spec around. Market Cap has increased 50% this week.
Ann: XST Acq Interest in 2 Oil Discoveries and Multiple Prospects, page-32
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