Consultant values Xanadu's Mongolian ground at many multiples to market's

INDUSTRY contractor 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.

Consultant values Xanadu's Mongolian ground at many multiples to market's Consultant values Xanadu's Mongolian ground at many multiples to market's Consultant values Xanadu's Mongolian ground at many multiples to market's Consultant values Xanadu's Mongolian ground at many multiples to market's Consultant values Xanadu's Mongolian ground at many multiples to market's

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

SRK valued the project in a range of US$108-233 million, with a "preferred" estimate of $173.6 million.

"After considering Xanadu's effective and beneficial 76.

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