XCD 0.00% 1.1¢ xcd energy limited

Bought a few of these, just need someone to explain to me why...

  1. V8
    10,794 Posts.
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    Bought a few of these, just need someone to explain to me why this company only has a MC of $20 mil but has

    $15mil CASH,
    $30Mil free carry drilling and 3D and
    37000Net Acres x $1000 = $37 mil

    $82 mil of hard value without any speculation of success for $20 mil - I must have it wrong!
 
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Currently unlisted public company.

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