Wow! Xanadu Mines deal - Time to bet big on Mongolia?

  1. 19 Posts.
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    Just saw Xanadu Mines got snapped up with a whopping 57% premium! Got me thinking - is Mongolia the next big resource play we should be jumping on? This $160M deal feels like serious validation for their copper, gold, coal and gas potential. I'm particularly intrigued by their copper assets with the EV boom, plus gold seems solid in this crazy market. Their coal exports to China and emerging gas sector look interesting too. Anyone else thinking about increasing their Mongolia exposure? What stocks are on your radar?
 
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Last
8.0¢
Change
0.001(1.27%)
Mkt cap ! $183.2M
Open High Low Value Volume
8.0¢ 8.0¢ 8.0¢ $813 10.16K

Buyers (Bids)

No. Vol. Price($)
7 45325984 7.9¢
 

Sellers (Offers)

Price($) Vol. No.
8.0¢ 7512998 27
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Last trade - 14.59pm 25/07/2025 (20 minute delay) ?
XAM (ASX) Chart
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