XAM 7.58% 6.1¢ xanadu mines ltd

$19.3mil cash on hand, bloody beautiful, page-2

  1. 537 Posts.
    Estimate of Current valuation

    Market cap 62M
    Share price 33c
    Cash 19.3M
    497Mt thermal asset worth 31.6M (assuming on 0.06/t)
    Noble coking coal venture (up to 500mt coking) 20M
    Gold copper project valued 5M
    Others projects 6M

    My dream valuation

    Market Cap 375M
    Share price 2
    Cash 5M
    Thermal coal worth 100M (0.20/t)
    Coking coal projects 150M
    Gold Copper projects 50M
    others 20M

    Hope it comes true one day..... sigh
 
watchlist Created with Sketch. Add XAM (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.