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20.0¢ xtc lithium limited

Ann: Trading Halt, page-57

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JDragon

3,896 Posts.

228

07/12/22

10:24

Post #: 65191910
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Originally posted by Sanami: ↑

Does the first possibility mean the VES is a show stopper?

Given that they went to London for capital raising networking, and that the investment is coming out of the U.S. I would hazard a guess that it isn't predominantly friends and family, although there are always pigs in the trough. $20M is a good raise, gives us plenty of runway and would come with the expected due diligence that the resource has potential. Perhaps the VES results are better than expected.

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Manage to raise 12mil from binding.... sound more like VES results making good sale.

XTC Price at posting: 0.7¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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