XCD 0.00% 1.1¢ xcd energy limited

is there a better bargin that this

  1. 3,375 Posts.
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    Up on modest volume, hopefully the market will wake up to this one shortly, its just too cheap considering they are predicting:

    - $750,000 net income per month from HI24L (9 million per year at that rate)
    - About 1000 BOPM from SW QLD so as a rough number thats around another $100,000 per month (1.2 million per year)

    So current income levels of around 10.2 million per year for a stock with a cap of around $25 million!

    Plus a target of confirming a resource of about 50BCFG which if confirmed has an inground value of a conservative $2.5million US per BCFG - so thats an inground asset value of around 125 million US dollars and thats using the lowest trading range per BCFG! (Noting also that ETE currently have a 75% interest)

    So we have 10.2 million in current revenue per year and a potential further asset on MP-252 of say $100 million Australian (very conservative estimate) for a market cap of around $25 million!

    I've have bought more again today!

    Dazzler
 
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