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10.5%

1.7¢ xstate resources limited

Your math does need some work and you obviously haven't seen it...

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101 Posts.

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10/08/23

17:28

Post #: 69275236
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Originally posted by blackitalian ↑

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!!!!!!!!!!!!!!!!!

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Your math does need some work and you obviously haven't seen it yet but I'm sure you will soon enough. It's all good though ......... I do own both!

As an aside, they are both compelling cases.

XST Shares on Issue: 321,519,150
ADX Shares on Issue: 3,610,213,811

XST Price at posting: 1.2¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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(20min delay)
Last 1.7¢		Change -0.002(10.5%)		Mkt cap ! $5.466M

Open	High	Low	Value	Volume
1.7¢	1.7¢	1.7¢	$418	24.6K

Buyers (Bids)

No.	Vol.	Price($)
3	676528	1.7¢

Sellers (Offers)

Price($)	Vol.	No.
1.9¢	894737	1

View Market Depth

No.	Vol.	Price($)
3	676528	0.017
4	1103358	0.016
3	549066	0.015
8	1761257	0.014
3	1900000	0.013

Price($)	Vol.	No.
0.019	894737	1
0.020	184062	4
0.021	242000	2
0.022	227500	2
0.023	130478	2

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