XTC xtc lithium limited

XTC General discussion, page-1426

  1. 148 Posts.
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    originally posted by sanami SYA has a market cap of $1.95BLKE has a market cap of $1.16BXTC has a market cap of $30MIf our market cap reaches $1B, our market cap would be 33X what it is today - meaning the share price will be 33X what it is today - $0.165If our market cap reaches $2B, our market cap would be 66X what it is today - meaning the share price will be 66X what it is today - $0.33A consolidation serves very little purpose in the growth of a companies market cap - some argue can create a mirage of value in the eyes of some prospective buyers - but a company before and after a consolidation is fundamentally the same.It's worth noting that LKEs market cap was up at ~$3B during the bull run and when lithium was in the spotlight - these types of conditions can return.The real question for your target sale price being $0.10 is: Can our market cap grow 20X, taking our valuation to $600M. At that price, your shares will be worth $0.10 each. And I believe with the VES results in, subject to a successful and exciting drilling campaign leading in to a bankable DFS - we should far exceed that market cap.
 
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