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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