XAM xanadu mines ltd
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I am still not convinced this transaction values Kharmagtai at...

  1. Ricmond88
    775 Posts.
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    20/04/22
    06:41
    Post #: 60925340
    I am still not convinced this transaction values Kharmagtai at $100m, and (judging by the reaction) the market isn't there yet either.

    I think XAM need to clarify that Xanadu Corporate not the Khuiten JV will receive the US$35 million for the dilution at the project level.

    Otherwise we may need to wait for the cash to hit for the market to re-rate.

    All IMO, please DYOR and GLTAH.
    Last edited by Ricmond88: 20/04/22
    XAM Price at posting: 3.7¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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8.0¢ 		Change
0.001(1.27%) 		Mkt cap ! $183.2M
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Price($) Vol. No.
8.0¢ 13398031 32
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