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Triangle's Cliff Head platform is located near the Xanadu prospect. Photo: Triangle Energy

Whitebark in $5m Xanadu sale

A sluggish approvals process for seismic work at the Xanadu prospect in the Perth Basin has led Whitebark Energy to sell its stake in the project in a $5 million deal, with the money to head to Canada instead.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/01/19

1 year TSR5 year TSR
371stAusmex Mining Group-18%-12%
408thAusquest-24%4%
621stWhitebark Energy-52%-24%
624thLithium Australia-52%13%
657thReward Minerals-57%-26%
726 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

30/08/18
$124k Issued
30/08/18
$0 Other
30/08/18
$0 Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

83rd↑Whitebark Energy$2.8m
87th↑Reward Minerals$2.6m
88th↑Ausmex Mining Group$2.5m
90th↑Ausquest$2.2m
92nd↑Lithium Australia$2.0m
504 listed resources companies ranked by revenue.
Source: Morningstar

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