XST 0.00% 0.9¢ xstate resources limited

Ann: Gas Shows at Borba 1-7, page-164

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  1. 4,751 Posts.
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    Thanks to AussieStonker's ready reckoner we must be close to the next gas zone, BUT to be honest my eyes keep wandering much deeper - those gas-rich zones from about 7,700 feet ALL THE WAY down below 9,000 feet suggest there could be a HUGE pay thickness, with perhaps the zones coalescing as regards gas content!

    If people hold their shares closely I can see XST doubling from here, maybe more - I know many investors like to sell out before total depth, but if this gas flows it could be a major gas producer - I hope they've anchored that drill rig otherwise it might beat Spacex to Mars!
 
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