KAI 0.00% 1.3¢ kairos minerals limited

Ann: Non-core Mt York ground sold to Pilbara Minerals for $20m, page-40

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  1. 3,966 Posts.
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    Hocking of chunks of land to the neighbours isn't anything to be proud of

    it's basically admitting KAI aren't good enough to explore it, let alon find anything

    Dont confuse selling off assets with creating value

    they know they can't raise cash anymore

    this was their only option

    But its a change from the usual

    at least the salary tap will keep pouring
 
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