XAM 7.14% 6.0¢ xanadu mines ltd

Ann: Proposed issue of securities - XAM, page-8

  1. 759 Posts.
    lightbulb Created with Sketch. 205
    So in a nutshell, the deal values XAM and 50% of XAM's share of Kharmagtai at 4c per XAM share.

    Which means at 4c you are paying the same as the JV partner and getting Red Mountain for free.

    All IMO, please DYOR and GLTAH
 
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