XAM 5.45% 5.8¢ xanadu mines ltd

Ann: Quarterly Activities Report & Appendix 5B - 31 March 2023, page-4

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    By their own announcements it should get them through to the decision to mine in about a year's time. I don't mind paying corporate costs if they are delivering (which they certainly are with the Zijin deal), and all exploration / development companies run at a loss, so that's not a surprise... No question that this is a stock with significant risk, but that is easily outweighed but the potential upside at the current price.
 
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