I totally agree. I think they made the right choice to halt drilling when they hit hard rock. It no doubt took a lot of restraint to chase the gas and generate some $$$ than to burn through $$$ chugging through tough rock. They knew shareholders would be dissapointed, but that deeper gas deposit could still be there, this was a strategic move focussed in the long term goal not burning cash chasing rainbows. That professional approach focussed on generating sustainable income will allow for higher risk moves down the track. Onward and upward for XST! If that gas pumps this is going to be a great month!
- Forums
- ASX - By Stock
- Ann: Borba 1-7 Flow Testing Update
I totally agree. I think they made the right choice to halt...
-
- There are more pages in this discussion • 132 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XST (ASX) to my watchlist
|
|||||
Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.215M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 1.0¢ | $150 | 14.97K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 27027 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 1450000 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 27027 | 0.010 |
2 | 802007 | 0.009 |
7 | 2401494 | 0.008 |
4 | 1453936 | 0.007 |
2 | 750000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 1450000 | 3 |
0.012 | 850148 | 3 |
0.013 | 266000 | 2 |
0.015 | 366900 | 2 |
0.018 | 300000 | 1 |
Last trade - 15.26pm 06/08/2024 (20 minute delay) ? |
Featured News
XST (ASX) Chart |