Thanks for the reply, appreciate your thoughts and I’m hopeful...

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09/07/22

14:12

Post #: 62455766
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Originally posted by PerthisOk9: ↑

Have a listen to the interview link with Richard Henning the MD on YouTube and that will give you an overview of what to expect in the next 6 months. For starters the MD also stated that LKE has done alot of the work over the last few years with exploration around that area which Luz Maria is in which the MD is looking to use and fast track development of their flagship lithium project. Also factor in their the DLE timeline with their soon to announce Tech partner in Korea and they want to get that developed and commercially viable in 12 months. They are also in talks with the Bolivian government regarding a possible MOU which would be massive if they can get their foot in the door.

Adding to all of that is the success of their next door neighbour LKE, if their Lilac DLE pilot plant proves successful, which I am sure it will be, will be a major de risker and bring about alot of positive attention towards XTC who are looking to emulate LKE.

Factor in all these and account for possible left field announcements like HOA with Korean automakers who may want to secure their share of battery grade lithium and 10 cents could be a rather under estimate to its share price. As for potential, should management be on track for all this, 2023 could see us in a similar position to LKE atm and being a near term lithium producer.

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Thanks for the reply, appreciate your thoughts and I’m hopeful as well of a share price heading north.

I had a listen the other night to that interview. Sounded good, presented ok, didn’t oversell the business or operations with too much exuberance but stuck factual which as an investor is reassuring to see.

Next six months will be very interesting on a lot of fronts. Lets keep a close eye on the neighbours and our own company progress.

Everything on track so far and a nice finish for us on Friday could set up an interesting week ahead.

Last edited by Holdemclose: 09/07/22

XTC Price at posting: 0.9¢ Sentiment: Buy Disclosure: Held
13 Upvote

2 Great analysis

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