XAM Chart, page-71

  1. 893 Posts.
    lightbulb Created with Sketch. 84
    They stated a high grade target in a May 2014 presentation around the time they acquired the project...see below. Two years later in mid 2017 they had done lots of drilling and CRs....the share price was ~20c, the market cap ~$100 mil, the copper price ~$2.80 and the AUD ~75c.

    Fast forward 4 years and the market cap is ~$80 mil, the copper price is ~$4, and the AUD 76c...and they seem to have far exceeded both the Global Target and High-grade target. They might have lost the plot along the wat but seem to be back on track now.

    70-100 Mt at 1.6% Cueq is the name of the game IMO...

    https://hotcopper.com.au/data/attachments/3045/3045379-9263d2f79bc9c3454538ae3fada0b6af.jpg
 
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(20min delay)
Last
8.0¢
Change
0.001(1.27%)
Mkt cap ! $183.2M
Open High Low Value Volume
8.0¢ 8.0¢ 8.0¢ $813 10.16K

Buyers (Bids)

No. Vol. Price($)
7 45325984 7.9¢
 

Sellers (Offers)

Price($) Vol. No.
8.0¢ 7512998 27
View Market Depth
Last trade - 14.59pm 25/07/2025 (20 minute delay) ?
XAM (ASX) Chart
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