XAM 2.94% 6.6¢ xanadu mines ltd

Ann: Strategic Partnership with Zijin Mining and Placement, page-9

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  1. 126 Posts.
    lightbulb Created with Sketch. 5
    I imagine at the stage of deciding to fund development, they will have further de-risked the mine and increased the estimated resource value. Couldn't they take a loan against their share of the asset to fund their portion of the $690M?

    I'm already starting to imagine the ways I'm going to spend the money made on this one! Good luck everyone!
 
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