I read it as XAM's chunky overheads are funded to $6.2 million (or just under 4 quarters) and the rest of Zijins investment goes directly to fund the PFS for the project.
Following the PFS, XAM has an option to:Plus XAM has to continue self funding its chunky overheads.
- fund its 50% share
- sell its 50% share to Zijin for US$50M
- or sell half its share of the JV (25%) to Zijin for US$25M with a financed carry for the other 25% to production
I read it as XAM's chunky overheads are funded to $6.2 million...
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Last
5.4¢ |
Change
-0.004(6.90%) |
Mkt cap ! $92.66M | |||
| Open | High | Low | Value | Volume |
| 5.7¢ | 5.7¢ | 5.4¢ | $188.5K | 3.401M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 226096 | 5.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 22515 | 2 |
View Market Depth
| Last trade - 11.52am 17/06/2024 (20 minute delay) ? |
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Last
5.4¢ |
Change
-0.004 ( 6.90 %) |
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| Open | High | Low | Volume | ||
| 5.6¢ | 5.7¢ | 5.4¢ | 644835 | ||
| Last updated 11.52am 17/06/2024 ? | |||||
| XAM (ASX) Chart |
