XTC xtc lithium limited

XTC outstanding shares, page-4

  1. 453 Posts.
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    @isii I wouldn't take the yawn personally, your question gets asked a lot, and is explained often. I'll take the turn to do so for your benefit and anyone else's who might be new to XTC taking a glance here.

    The number of shares outstanding isn't really of much concern to most investors here. The main focus is on the following facts:

    Our market cap is ~$56m
    Our next door neighbour LKE (which our tenements share virtually the same land with) has a market cap of over $1b
    XTC is fast tracking their exploration and eventually construction to production.
    We aim to use similar green extraction technology to our neighbour.
    There is an exceptional management team on the ground in South America with business and government connections.

    As you can see there is an opportunity for incredible growth despite the high volume of shares outstanding. We are all currently anticipating VES results and permits to drill.

    In my humble opinion, you will probably not see this share price again beyond 2022.

    Thanks and good luck with your own research.
    Last edited by Sanami: 16/11/22
 
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