XTC xtc lithium limited

ElijaI don't think you will lose your money for a couple of...

  1. 1,951 Posts.
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    Elija

    I don't think you will lose your money for a couple of reasons unless you bought the options, which is limited by time and these delays could kill the options. I spent a lot on options and the MC would need to improve significantly for me to be in the money on those. More later

    90% of the negative posters here seem to fail to recognize consolidation from 13 bill shares to say 50 mill (whatever it happens to be) is a good thing.

    We have lost ZERO ownership in the company whatever the consolidation is, yes it does allow for it to drift lower, on to point 2

    2. The exhausted mum and dads have appeared to sell and now those 0.001 sellers are gone and the 0.001 buy side has 151 million, so if anyone wants to sell before they expect a slump in price post consolidation, now is your chance.... but almost no volume, no one sold, so there should be minimal selling pressure after consolidation.

    3. Dilution is what kills our % ownership, you took up the offer, a rarity, I avoided it and so my % will no doubt drop. Would I buy today at 0.001 to average down, yes but I have no money left

    4, A maiden drilling campaign with a decent grade can easily see this MC increase 5-10 times.

    If someone can explain to me why 2 crook directors just spend 4-5 million from their bank account to rip us of, I'm listening.
    Last edited by Melen100: 09/09/23
 
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