INMO the Cu Eq grade is too low for a major and the high grade core still too small. Also, whilst the Indicated portion has grown very nicely the majority of this resources is still in Inferred category. But there is obviously decent remaining exploration optionality
However, Rio's experience with OT has likely poisoned the well here for XAM wrt bringing in majors. If I was a major why wouldn't I still head to Ecuador or Columbia instead.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
7.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $181.0M | |||
| Open | High | Low | Value | Volume |
| 7.9¢ | 7.9¢ | 7.9¢ | $10.54K | 133.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 48289357 | 7.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.0¢ | 7122646 | 33 |
View Market Depth
| Last trade - 09.59am 31/07/2025 (20 minute delay) ? |
| XAM (ASX) Chart |