KAI 0.00% 1.3¢ kairos minerals limited

Ann: Completion of PLS Sale Agreement and First $10M Payment, page-10

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  1. 43 Posts.
    lightbulb Created with Sketch. 24
    Things are curiously quiet.
    There is a fair chance bureaucracy is the glue slowing news flow, waiting on new tenement permits, boundary adjustments, mineral rights/royalty agreements, other authorisations, etc.,?
    The final $10m payment in cash or shares is at the discretion of PLS.
    Perhaps negotiations for a deal into the remaining Mt York resource are ongoing since the PLS deal and if so perhaps the release of the scoping study has become more strategic leading to delay?
    The silence is deafening.
 
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