XAM xanadu mines ltd
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Similar thoughts, the market has valued Xanadu Mines as a whole...

  1. Greenocean
    3,161 Posts.
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    19/04/22
    15:32
    Post #: 60915395
    Similar thoughts, the market has valued Xanadu Mines as a whole entity at around $35m for Months so no miracles were expected.

    $20m (roughly) to do PFS - assuming this includes the $3m (roughly) of resource drilling.

    Leaves $26m for further exploration @ around $100 per metre (very cheap rate of drilling).

    Some of this will no doubt be left over for DFS unless they are either really going to get into it with extra rigs or find another project or two.

    China, due to location, is the obvious market for the Copper concentrate. Rail lines and border ports will be well established by timeline to mine.

    It is a positive step towards development of the resource, which, up until today was still debatable. No guarantees but a positive step. Gltah


    XAM Price at posting: 3.8¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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7.9¢ 		Change
0.000(0.00%) 		Mkt cap ! $181.0M
Open High Low Value Volume
7.9¢ 8.0¢ 7.9¢ $1.745M 22.08M

Buyers (Bids)

No. Vol. Price($)
2 4147335 7.9¢
 

Sellers (Offers)

Price($) Vol. No.
8.0¢ 16332615 34
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Last trade - 16.10pm 17/06/2025 (20 minute delay) ?
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