XAM xanadu mines ltd
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Ann: Strategic Partnership with Zijin Mining and Placement, page-26

  1. Ricmond88
    775 Posts.
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    20/04/22
    06:41
    Post #: 60925340
    I am still not convinced this transaction values Kharmagtai at $100m, and (judging by the reaction) the market isn't there yet either.

    I think XAM need to clarify that Xanadu Corporate not the Khuiten JV will receive the US$35 million for the dilution at the project level.

    Otherwise we may need to wait for the cash to hit for the market to re-rate.

    All IMO, please DYOR and GLTAH.
    Last edited by Ricmond88: 20/04/22
    XAM Price at posting: 3.7¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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