Ann: ADX:European Industry Partner MND to fund Anshof Oil Program, page-8

Xstate Resources Limited (“Xstate”) will fund 40% of the Anshof well up to a cap at EUR 1,800,000
(EUR 720,000) to earn a 20% equity interest in the Anshof Prospect Area. Xstate may elect to
fund 40% of a second well on the Anshof Prospect or the Anshof Farmin Area to earn a 20%
interest in the Anshof Farmin Area within the ADX-AT-II exploration license. (Refer to figure 1)

Second well will be similar capped at cap at EUR 1,800,000 approximately $30211619 AUD

Therefore Mysto why buy XST for 1.2 cents FOR 20% INTEREST!!!!!

When you can buy ADX @ 1 cent for a 50% INTEREST and free carry on Anshof 2 & 1 with Extras like Welchau well (807bcfe) target next year s'il vous plaît!!!!!!!!!!!!!!!!!