XAO 0.07% 8,705.0 all ordinaries

VEC IMO, small cash on hand but tiny MC for what they are about...

  1. 2,311 Posts.
    lightbulb Created with Sketch. 534
    VEC IMO, small cash on hand but tiny MC for what they are about to acquire - ~25m but have secured over $100m aussie in project funding through to DFS and decision to mine on a 3.2moz gold mine DRC (subject to resource upgrade to 10+ but nothing concrete. Other secured project with results due very soon too so quite possibly a few events on the horizon (but LT holders have been waiting a while for the main project acquisition to be finalised - “any day now”.

    GLA another, just started drilling should have resulys on 4-6 weeks weather permitting.

    Disc. held.
 
watchlist Created with Sketch. Add XAO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.