Agoracom: Small Cap Investment - Xcite Energy Limited - Re: Trading Halt - rumours of JV might have leaked forcing XEL to declare intent

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AndyK

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Re: Trading Halt - rumours of JV might have leaked forcing XEL to declare intent

in response to

Trading Halt - rumours of JV might have leaked forcing XEL to declare intent

AndyK

posted on Apr 05, 2012 01:54PM

Not sure why there would have been a draw down on the line of credit if this was the case.

Maybe the news is not good andthe BOD decided to cash up a little before the SP tanked.

With this company, who knows!

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