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Kharmagtai value not reflected in market: Xanadu

SRK Consulting has valued Xanadu Mines’ Kharmatagai copper-gold project in Mongolia at more than 6-7-times the ASX-listed company’s current enterprise value.

Kharmagtai value not reflected in market: Xanadu Kharmagtai value not reflected in market: Xanadu Kharmagtai value not reflected in market: Xanadu Kharmagtai value not reflected in market: Xanadu Kharmagtai value not reflected in market: Xanadu

Xanadu Mines thinks it's on the trail of another Oyu Tolgoi and hence is searching far and wide for a better market valuation

The leading independent mining consultancy valued the project in a range of US$108-233 million, with a "preferred" estimate of $173.6 million.

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