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Big Drill Target Big Buying, page-55

  1. dpbear
    770 Posts.
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    04/02/21
    15:22
    Post #: 50710799
    Turning the question on its head, how many gas producers have a MC greater than $500mil? How many have a MC greater than $1bil?

    A $500mil MC for XST would be 22 cents per share.

    A $1bil MC for XST would be 44 cps.

    Explorers that are not producing currently have MCs in the $200-500mil MC range.......

    If Borba spuds, production proceeds in 2-3 months.
    XST Price at posting: 1.2¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 4  Great analysis
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