XAM 0.91% 5.6¢ xanadu mines ltd

Ann: Final Regulatory Approvals received for Zijin Joint Venture, page-3

  1. 1,248 Posts.
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    This is once again excellent news, I'm surprised it hasn't triggered any movement in the SP, clearly the market thought it was a foregone conclusion. Now we just need the Zijin deal signed-off and there'll be cash in the bank!

    @bunter999 Colin's been leaning hard on the Hugo Drummet comparison for a long time, and who wouldn't, it makes for excellent marketing, "Look how similar we are to the massive deposit just down the road"..Of course, If it does turn out to be true then then XAM will be worth billions, but until it's confirmed by drilling it's nothing more than sales spin or wishful thinking. That's not saying I don't hope he's right though!!!

 
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