XTC xtc lithium limited

XTC General discussion, page-2352

  1. 1,127 Posts.
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    Don't see how you can give seemingly give management a free pass because of bear market conditions......... I know it's a bear market atm so things are tough but I think management need to be held accountable for their part......

    Sure if the sp was dropping because of bad results in the ground I would say yeah it's the risk in a small cap. Problem is it's not............

    Making all sorts of claims re project, consistently late on pretty much everything at this stage (Off the top of my head I can't think of something done properly on time..... How about to quote them their 6 month "value drivers" plan - which was now 12mths ago...... from the investors side seems no urgency possibly even interest is taken here), no meaningful announcements for months, exciting secondary project catalysts gone quite/shelved (what ever happened to Bolivia Gov talks?? DLE MoU which for interest is still listed on their website as "entering agreement Q3 2022"....), a shockingly poor capital raise, the list goes on at how poorly this is being run

    We got sucked in to a hype fomo company at peak valuation because of lke nearology....... Not even it's currently worth it's current...... Like I said if this were a project fundamental failure I'd say sure that's small cap investing but this definitely isn't the case....... Big lesson for me.......

    At the end of the day it was our investment responsibility when so it's on us to some degree but still feel investors have every right be angry with the current state of affairs.........
    Last edited by ogloko: 30/06/23
 
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