Ann: XTEK Quarterly Market Update for H2 FY17, page-4

Well...

The company is well funded with the recent cash injections by those sophisticated investors. It has great products in the pipeline that don't require immense capital to get to market. Not to mention this company is already producing sales.

So compared to most speculative stocks, especially mining stocks with no cash flow, this company is in a much better position than many other stocks with a similar market cap.

I agree with his statement in the announment. Will keep holding.