If you were to make any comparison in the Pilbara to any company for Kairos it would be to calidus. 1.7Moz resource, built a mill, pouring gold, spun off their lithium for a 50/50 JV with haoma mining. And all this for a shiny MC of $160M .
for anyone interested, Kairos with a similar would be sitting at 8c and maybe 3-4 years behind calidus with positive movement (and 8c isn't taking into account the many CR's and dilution it would take to get through PFS/DFS/mill build etc. So call it 5c ???.
lithium is where its at here. Wouldn't think another 500k Oz at mount York is going to suddenly get us to 50c haha.
but finding 20Mt of Lithium or a big regional Au resource may.
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