XST
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11.1% 1.0¢ xstate resources limited

Ann: March 2022 Quarterly Activities and Cash Flow Report, page-15

  1. blackitalian
    1,814 Posts.
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    01/05/22
    17:15
    Post #: 61132045
    i smell fear.
    1.8 million spent in 1 year and no money in the bank!
    next well costs 1 million to drill for another 20 barrels of oil a day!
    20 barrels a day is hardly a catalyst to move a stock price or pay back the investment capital in a timely manner.
    anyway next credit raising around the corner...4 billion shares on issue and no money in the bank same old same old!
    worth a punt @ .001 cent to .002 cent range but have to sit on it for a couple of years!
    XST Price at posting: 0.4¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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