KAI kairos minerals limited

Ann: Non-core Mt York ground sold to Pilbara Minerals for $20m, page-6

  1. 821 Posts.
    lightbulb Created with Sketch. 168
    A return of capital would be nice.

    Say $10M for shareholders.

    Leaving $10M to be sprayed against the wall by management.

    The alternative is management spray the full $20M against the wall.

    Of course that is not going to happen. We'll be sold a story of a grand treasure hunt, and all the money will be sprayed by management as they milk this thing into the ground.

    GLTAH. DYOR.
 
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