XAM 7.14% 6.0¢ xanadu mines ltd

Ann: 2023 AGM Chairman's Address and Presentation, page-3

  1. 297 Posts.
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    I guess the only thing that concerns me is the funding.

    What are peoples thoughts on Option B for funding? Yes we get 25M but our project share reduces to just over 21% and we still need to pay Zijin back (but from a reduced % of profits). How long will that take?

    It would be interesting to see the numbers on likely returns over project life from Option A and B.

    https://hotcopper.com.au/data/attachments/5309/5309256-61739cedd7920026f3c5a9b47d5e8090.jpg
 
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