XTC 0.00% 20.0¢ xtc lithium limited

Ann: Share Purchase Plan Opens, page-42

  1. 446 Posts.
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    SYA has a market cap of $1.95B

    LKE has a market cap of $1.16B

    XTC has a market cap of $30M

    If our market cap reaches $1B, our market cap would be 33X what it is today - meaning the share price will be 33X what it is today - $0.165
    If our market cap reaches $2B, our market cap would be 66X what it is today - meaning the share price will be 66X what it is today - $0.33

    A consolidation serves very little purpose in the growth of a companies market cap - some argue can create a mirage of value in the eyes of some prospective buyers - but a company before and after a consolidation is fundamentally the same.

    It's worth noting that LKEs market cap was up at ~$3B during the bull run and when lithium was in the spotlight - these types of conditions can return.

    The real question for your target sale price being $0.10 is: Can our market cap grow 20X, taking our valuation to $600M. At that price, your shares will be worth $0.10 each. And I believe with the VES results in, subject to a successful and exciting drilling campaign leading in to a bankable DFS - we should far exceed that market cap.


 
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