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1.75%

5.8¢ xanadu mines ltd

Very fair comment. Not bored at all. I personally agree with...

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MetalGuy1995

114 Posts.

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18/06/19

19:13

Post #: 39119407
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Originally posted by arsenic: ↑

If you don't mind and bear with me.
Unfortunately I'm not looking to get out. What I have is a suite of say four copper/gold miners, developers and a mining services co. open to the metal prices.
At this point in the cycle there's a heap of pain for non -producers.
We know in the next few years the're likely to be shortage / demand for Cu & Au.
When that becomes obvious they will all run up but the non- producers the most.
My challenge is to get hold of the best value of the explorer/ developers at this point of relatively high distress. i.e I have to take the pain.
When it rolls over we should get three times the current value of those as least.
So for XAM 20c plus. But when it becomes frothy I have to feel a different type of pain as to bringing myself to sell my ones that have more than doubled. I'm hoping it is by take-over to bigger caps like Avanco to OZL.

Sorry if I bored you.

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Very fair comment. Not bored at all. I personally agree with you. I initially invested in XAM as I saw the long term potential of it. Unfortunately I probably got in higher than I would of liked at .14c but I have faith in this deposit. I think the tree needs to be shaken with regards to the XAM team but the project as it is imho is a valulable one.

XAM Price at posting: 5.7¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 5.8¢		Change 0.001(1.75%)		Mkt cap ! $99.52M

Open	High	Low	Value	Volume
5.7¢	5.8¢	5.6¢	$34.15K	597.3K

Buyers (Bids)

No.	Vol.	Price($)
1	110113	5.7¢

Sellers (Offers)

Price($)	Vol.	No.
5.8¢	88999	2

View Market Depth

No.	Vol.	Price($)
1	110113	0.057
1	297250	0.056
2	127326	0.055
4	542363	0.054
6	448734	0.053

Price($)	Vol.	No.
0.058	88999	2
0.059	288703	2
0.060	920460	5
0.062	248583	3
0.063	25675	1

Last trade - 16.10pm 10/07/2024 (20 minute delay)

XAM (ASX) Chart

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