KAU 6.06% 17.5¢ kaiser reef limited

Ann: Material Gold Acquisition, page-18

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  1. 3,367 Posts.
    lightbulb Created with Sketch. 623
    $16M acquisition and a $5M capital raise to move to production in Bendigo Victoria. I can't work out their logic.

    LFB drill results are not yet in and the company has $4M cash.

    @pustayo what do you make of this?
 
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