XST 0.00% 1.7¢ xstate resources limited

flow rates decline over time.point in case check out partner SGC...

  1. 1,814 Posts.
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    flow rates decline over time.
    point in case check out partner SGC flow rate on California assets down 20% after 1 quarter after bragging gas flow up 300% on perforation of rio vista.
    flow testing still needs to be paid for as well as other operating expenses.
    CR coming up in new financial year 4 billion shares before spud of next well.
    cash flow going out the door that's for sure!
    Canadian assets scrapping the bottom of reservoir ponds, less margin when using water injectors, trucking expenses etc.
    borba is a duster.... no catalyst for descent increase in price.
    making a little bit of money for a change but this is dependent on oil and gas prices.
    market factoring .75 point interest rate hike by fed in 2 weeks to curb inflation.
    The NASDAQ down 13% for march quarter worst result since October 2008 enjoy gambling!
 
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