The SP of XST has not responded very much at all to the 33...

The SP of XST has not responded very much at all to the 33 million plus interest summary judgement .
The announcement seemed to indicate that they would try and expedite a settlement .
I suppose the defendants can appeal but they may not have a case strong enough to appeal ?

It is certainly a very material amount for such a small MC company .
A settlement for even half the amount would change a lot for this company .

The Dempsey well appears to be an important discovery in formations that had previously been thought to be non commercial .
The signaling to the shareholders to be patient while they tried to tie up more leases before fully testing the lower zones seemed obvious to me .

If they get a high flow they have to announce it to the market .
The cat is out of the bag .Leases go up in price and bigger players move in .
They are going to move slowly for awhile imo .
Patience is needed .
I bought some today .
Worth a pump .
I think the market has got it wrong about Dempsey .
It may be very big .

GLTAH