XTC xtc lithium limited
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Ann: Rights Issue and Shortfall Notice, page-4

  1. Mattminton79
    3,497 Posts.
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    17/08/23
    14:50
    Post #: 69397791
    If they have issues with the shortfall placement then it becomes a going concern problem.. The investor presentation set out what they needed in capital to execute an acquisition, exploration and continue the business..

    Only circa six million was raised.. No where near enough to execute the plan as presented..


    Last edited by Mattminton79: 17/08/23
    XTC Price at posting: 0.1¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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