what do you mean ???i think this is very expensive$200k cash +...

what do you mean ???
i think this is very expensive


$200k cash + 12m shares ($420k @ 3.5c)
+KGD is free carrying Sentinels 30% interest
+$2m worth of shares if a resource is defined within 5 years

all for 70% of a very risky project. Its only 117km2 and theres been no mention of existing grades or drilling. Just some existing pegmatites which may or may not contain Li.

Its the directors job to source projects for the company, not source projects for themselves and then onsell them to the company
Lets take a quick look at some recent lithium project acquisitions (took me 5min to search)

ODE: https://hotcopper.com.au/threads/ann-lithium-ree-tenement-acquisition-lyndon-project.6967417/
Gascoyne region 148km2 (near DRE, KFN, RDT): $10k deposit + $230k worth of cash and shares

RGL: https://hotcopper.com.au/threads/ann-acquisition-of-highly-prospective-lithium-tenements.6884785/
Southern Cross region 292km2 (near Mt Holland Lithium Project, and KGD has land around here too): 14,705,882 shares ($500k)+ 1% gold NSR

RGL: https://hotcopper.com.au/threads/ann-acquisition-next-to-mt-holland-lithium-mine.6918790/
9.2km2 adjacent to Mt Holland Lithium Mine: option: $150k cash + 4,054,054 ($140k) + $700k cash to exercise

IMI: https://hotcopper.com.au/threads/ann-strategic-acquisition-of-tenements-in-east-pilbara.7103272/?post_id=64932778
Pilbara area 250km2 $300k cash & shares

EFE: https://hotcopper.com.au/threads/ann-exercise-of-option-to-acquire-trigg-hill-project.6964711/
Pilbara: trigg hill $250k cash + $500k shares + 1.5% NSR