By their own announcements it should get them through to the decision to mine in about a year's time. I don't mind paying corporate costs if they are delivering (which they certainly are with the Zijin deal), and all exploration / development companies run at a loss, so that's not a surprise... No question that this is a stock with significant risk, but that is easily outweighed but the potential upside at the current price.
XAM Price at posting:
4.5¢ Sentiment: Buy Disclosure: Held
