XTC xtc lithium limited

Ann: UPDATE ON CONSOLIDATION TIMING, page-40

  1. 1,949 Posts.
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    The plan has been published; it costs 40 million (?)

    The prob is they got 4.2 ish from 2 directors and almost nothing from us punters, just like the 0.6 raise went down like a bucket of s..k which I avoided.

    We don't know how much money they will eventually get; I'd bet my last cent it won't be 40 million, I also bet Pindar will alter the plan based on the money.

    The problem was the lack of action on the ground, nothing for 9 months.

    It's also my worst stock pick off all time, millions of shares on a company that did nothing for a year.

    LKE is not dead and buried yet, either is this, but our stock options are looking like it and I have accepted that.

    I'm very conflicted (like never before) and I don't mind admitting it. So, I will hope my options get in the money (good one) and hold my heads and agree with @elija that hopefully self-interest from these directors can turn this ship around.
 
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