KAI 4.35% 1.1¢ kairos minerals limited

4m at 2.31% TREO seems suspiciously high for clay-hosted REEs. I...

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    4m at 2.31% TREO seems suspiciously high for clay-hosted REEs. I would like to see more detailed geology than 'clays into syenite'. This is the only interesting part of the announcement for me. The majority of the clay-hosted intervals are from 30-40m - probably too much cover. Also distracting from the fact that they drilled under their pegmatites and didn't find any spodumene. They also drilled their gold targets and didn't find anything. For me this is a million-dollar drill program which has very few obvious follow-up targets. Sorry for the downer!
 
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