KAI 0.00% 1.3¢ kairos minerals limited

high grade lithium & tantalum confirmed, page-70

  1. 1,041 Posts.
    lightbulb Created with Sketch. 505
    Interesting pick up and might explain when I spoke to MD at recent conference he appeared as did the chair that it's the Wodgina project that has them excited , it's where the random roadside rock sample was analysed at 1.6% and the 4km strike was mentioned , followed by a comment "bigger than pls and Ajm ". Not to mention " be assured there is more gold beneath those 4 or 5 pits"

    It's all speculation ATM , the CR was always going to happen post consolidation , the extension to options for a cost of 1c was a bonus , but only if they find lithium or more gold. We need cash to drill these projects and this is the only way to do it.

    Can we read anything into " a material capital raising"? As apposed to most announcements which leave out material, maybe they have s big investor waiting , personally I hope about 25-30m at around 5.5, that should be enough to sink enough holes for lithium and gold in both projects to know one way or another, along with gold Jorc.

    Just get on with it, next couple of months will be very interesting , hoping for all the patient holders we finally get some positive exploration results , so far they've come up short, maybe this is the supreme moment, fingers crossed.

    Good luck all
 
watchlist Created with Sketch. Add KAI (ASX) to my watchlist
(20min delay)
Last
1.3¢
Change
0.000(0.00%)
Mkt cap ! $32.88M
Open High Low Value Volume
1.3¢ 1.3¢ 1.3¢ $11.27K 901.7K

Buyers (Bids)

No. Vol. Price($)
13 6864460 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.3¢ 4227887 5
View Market Depth
Last trade - 15.21pm 11/10/2024 (20 minute delay) ?
KAI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.