XAM 0.00% 5.8¢ xanadu mines ltd

Been a while since I've checked this out but agree, this does...

  1. 2,194 Posts.
    lightbulb Created with Sketch. 514
    Been a while since I've checked this out but agree, this does not seem good. We're in a copper bull market that's not going away, surely they would have no issue securing pre-payment from offtakers to cover the bulk of capex required and then could get traditional debt/equity for the rest.

    Why would they sell the golden goose? If I am misunderstanding this please correct me.
 
watchlist Created with Sketch. Add XAM (ASX) to my watchlist
(20min delay)
Last
5.8¢
Change
0.000(0.00%)
Mkt cap ! $99.52M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 9749 5.8¢
 

Sellers (Offers)

Price($) Vol. No.
5.6¢ 9750 1
View Market Depth
Last trade - 10.00am 17/06/2024 (20 minute delay) ?
Last
5.7¢
  Change
0.000 ( 1.72 %)
Open High Low Volume
5.6¢ 5.7¢ 5.6¢ 317553
Last updated 10.12am 17/06/2024 ?
XAM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.