XST 9.09% 1.0¢ xstate resources limited

Ann: LA Basin Oil Field Acquisition, page-3

  1. 6,650 Posts.

    And that's 13 million USA Dollars

    Current market cap of XST is less than AUD 10 million

    So where is the investment money coming from? Massive right issue with Chinese backers?

    After a quick look you wonder why Matrix doesn't want to increase it exposure if they have such a successful oil revamp model working in Califorina.
 
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