Not at all, still not enough to drill one well let alone a secondary well. Add additional payment for the anshof prospect area not to mention pipeline construction if successful.
CR doesn't cover this so loan facility needed if successful on a restrained flow capacity....... this company will hold the whole project going forward.
Simple math's ........a case of Bitting off more than they can chew as well as over paying. A larger company like MND can absorb this scenario but a reconstructed micro cap (XST) that over promises and under delivers can not at this stage.
Just stating a common sense approach rather than this is a bargain approach when it's not at least 13 Million AUD is needed for XST to follow through.
If there is a hiccup with the first drill which dose happen they are liable for $3 million.
Enough said
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.893M |
Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.9¢ | $288 | 32.02K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 242881 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 217341 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 242881 | 0.009 |
5 | 2106342 | 0.008 |
4 | 1382714 | 0.007 |
3 | 1250000 | 0.006 |
2 | 5300000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 217341 | 3 |
0.011 | 1450000 | 3 |
0.012 | 726367 | 2 |
0.013 | 266000 | 2 |
0.015 | 360900 | 1 |
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