I don't believe we're in the market to sell. Our board comprises of proud Argentine business moguls with long-serving national and continental track records. There is a reason why Lake bought up neighbouring land but like a patchwork quilt the XTC tenements were not sold to them.
In my humble opinion there seems to be a lot of emotion and not a lot of thinking around where the SP is at. Until we get the drills turning and start quantifying our own resource, we are simply a nearology play to LKE. If their MC goes up, our MC goes up. If their feasibility comes into question, our feasibility comes into question.
Gladly, I believe management when they say we are on the cusp of our drilling campaign. The news can flow on from there and we can start to put XTC on the map for its own merits.
$30m market cap today -
the drill turns
the results come in
the market conditions improve
the plan to production starts to crystallise
DLE partnership announced
Whoosh we are at $300m market cap
This is the play.
ALL IMO
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