Keep in mind the wheeling and dealing provided the funds to enable further exploration together with highly prospective new ground and royalties.
The ability to raise capital with a one cent share price was otherwise difficult.
KAI has stated in recent ASX releases their intention to proceed with a 5000m RC programme in the newly acquired extension to the Main Trend once the necessary agreements and authorisations are completed.
Frustratingly these processes do take time in a complex bumbling bureaucratic system and with multiple interested parties acting in their own respective interests.
I believe the team at KAI will be doing all they can to expedite exploration among other things.
Ann: Trading Halt, page-27
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add KAI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.0¢ |
Change
0.001(11.1%) |
Mkt cap ! $26.30M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $19.33K | 1.953M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1753303 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 5520510 | 15 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| KAI (ASX) Chart |