XAM 3.85% 5.4¢ xanadu mines ltd

Ann: Exploration ramps up at Red Mountain, page-10

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  1. 140 Posts.
    lightbulb Created with Sketch. 18
    I am not too sure which country this place should emulate! hopefully one with limited corruption...
    There's a fair few projects kicking off here at the moment,
    A fair amount of rail has / is being laid. New international airports opened last year and a whole city will be built surrounding it (lots of infrastructure work) there seems to be a lot of foreign investment.
    Huge initiatives of tree planting going on in the country.
    Its a pretty young workforce however there is loads highly overseas educated, and there's plenty of money being poured into training people in mining to eventually be self sufficient requiring less overseas expertise. but that's still awhile off!!

    Oil refinery and pipeline https://montsame.mn/en/read/301199
    https://elixirenergy.com.au/projects/
    Obviously the continual expansion at OT first drawbell was only recent and vent shafts are still a long way off.
    Mining there is a few I'm watching (exploration) but XAM is the most interesting and the only one I'm invested in- Avalon, KCC / Resilence, orano

    Cheers


 
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