Let just say 12% diluted to current market cap. which equate to 45mil
If our JORC come back with 60% of LKE, which then equates to 780mil (LKE happen to be 3Bil before today 1.3Bils)
From 45mil to 780mil in 1-2 yrs.... that would give SP 10c
Close to 20x from today investment... well better than putting that to the bank for 2 years
Not to mention 20mil cash on hand can move thing really quickly so the timeframe would be shorter.
Ann: Xantippe to Raise up to $20 Million in Placement & SPP, page-12
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
20.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $87.6K | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| XTC (ASX) Chart |
Day chart unavailable