Let's make it simple, XAM sells 100% of Kharmagtai project and receives US$35M x 2 = US$70M (A$94.5M)
Then delist XAM and pay all SHs (assumed we don't have Red Mountain)
Existing cash about 2.5M
Phase 1 placement 5.5M
Total cash A$102.5M
SOI 1.4B
All SH receives 7.3c/share, 92% premium to current SP
Expect 10c when Phase 2 and 3 are done
Ann: Strategic Partnership with Zijin Mining and Placement, page-43
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Last
7.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $183.2M | |||
| Open | High | Low | Value | Volume |
| 7.9¢ | 8.0¢ | 7.9¢ | $2.372M | 30.02M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2115940 | 7.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.0¢ | 15139442 | 38 |
View Market Depth
| Last trade - 12.23pm 18/06/2025 (20 minute delay) ? |
| XAM (ASX) Chart |