XST 0.00% 0.9¢ xstate resources limited

i just love buy when nobody else is buying :), page-8

  1. 12,503 Posts.
    yes fingers crossed alright

    O & G drill is always risky business

    hope luck stays with us.

    spud late 10/early 11

    2 primary targets

    4 secondary targets

    mean 317mmbbls from just 2 of the 6 reservoirs

    looks like 50km to existing oil & gas pipeline to Europe

    if she hits pay dirt

    the payout will be massive with minimum CAPEX.

    but risk is not to be ignored imo.

    hopefully back above your 20c soon HD
 
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