You would also need to research the two 'Prospector of the year' AMEC finalists from this year were both REE explorers.
Galileo Mining for their Callisto project currently with a MC of $49M
and the winner Dreadnought Resources with their Yin Project currently with a MC of $107M
If you compared apples with apples against what Kairos have unveiled, albeit different REE's some of them. Then with the SOI and to get to what DRE
have in MC (currently $37M) the price of Kairos will be about 6c.
Lets say they do find something decent, then all the remaining options will be exercised and SOI will be around 3B.
My money has now been removed so the annoyed posts will be no more. But will be interesting to see how this plays out and the money is wisely spent where it needs to be.
You would also need to research the two 'Prospector of the year'...
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Last
1.1¢ |
Change
-0.001(4.35%) |
Mkt cap ! $28.83M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.1¢ | $13.59K | 1.200M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1105312 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 2397843 | 12 |
View Market Depth
| Last trade - 15.48pm 02/05/2024 (20 minute delay) ? |
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Last
1.1¢ |
Change
-0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 1.2¢ | 1.2¢ | 1.1¢ | 863671 | ||
| Last updated 15.18pm 02/05/2024 ? | |||||
| KAI (ASX) Chart |