XTC 0.00% 20.0¢ xtc lithium limited

Ann: Extension of Share Purchase Plan Timetable, page-49

  1. 1,227 Posts.
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    In my opinion, the time around the potential participants in the spp was just too short to get it fully closed. Collecting 8m is not that easy, especially since the announcement of a possible deposit should be included in the spp in order to become more attractive for SH. Showing what is possible brings more willing ones. I firmly believe that we will see higher prices. If the spp makes money, xtc would have enough money to start a great drilling program and money left over for something more (incl. 12m from instos) . After the permits come in, of course. Argentina is a well-known country for lithium deposits. On top of that, lithium has already been detected in the neighborhood, which makes me positive for xtc. The relatively cheap MK makes for imagination, because there are hardly any lithium plays with a low MK. When found, the sector usually goes up quickly, even for stocks with a high SOI. Step by step and then something in the ground would be strong indications of an uptrend in the SP. Fingers crossed for good news in the near future. See you soon and greetings.
    BEO
 
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