XST 0.00% 0.9¢ xstate resources limited

PEP 11, page-5

  1. 3,963 Posts.
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    The Dempsey well is nearby and producing how much
    is that the well that was drilled a couple of years ago, where the SP went up considerably pre drill, and then fell away to the dismal levels we see today
    that well was considered successful, so what happened to the SP
    is there any real returns expected for share holders medium to long term or is it all just pre drilling hype?
    I wanted to buy this stock at 4c
    yeah I coulda made a quick 33% profit by now
    but I could've been really unlucky and become trapped in this stock
    After doing some research a few things didn't sit right, as mentioned above and also the impending reduction in percentage of the project
    something doesn't seem to add up in this story
    I wish you luck for the upcoming drilling
    Last edited by philsy18: 04/01/21
 
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