XST 5.26% 1.8¢ xstate resources limited

They had $1.15m in the bank at the end of the last quarter, and...

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    They had $1.15m in the bank at the end of the last quarter, and haven't done anything, admin is low ~100k per quarter so capital should be pressing. Unless they are preparing to do something with SGC in California post SGCs Philippines divestment next week? Hopefully this is something centered around the Alvares Project which SGC and XST have 50% and 25% respectively. IMO
 
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