XTC xtc lithium limited

xtcr, page-47

  1. 2,018 Posts.
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    I'm down a lot more than that, here's what I am thinking.

    Bad scenario, that michelred touched on, owners of Luz maria sold to XTC trying to cash in on LKE's MC rise, the previous owner, now a director, didn't get the US$10 million but settled the balance cash and 1 billion shares, there is broker data a few months ago showing 500 million were dumped via the US anonymous broker crashing the SP.

    maybe that was said director, I dont know.

    They do a crazy raise and get a few mill only, the land is sold back to the same directors' web of companies at a discount, we get fleeced and said person keeps the millions and his land back to do a rinse and repeat in the future...that's a crazy conspiracy theory I know.

    Better scenario, they get 5 million in CR, forced to do something like drilling the land we have, who knows maybe 10 million. 45 million, well we would have time to wait this out for a few years.

    What will drive the SP is simply a maiden LCE resource, at this rate it could be years. Opening offices in the desert will not drive this higher.
 
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