Found this looks like funding is a problem.
From AJM.ASX announcement 19th Feb 2021:Termination of the Farm-In AgreementAJM has not advised Kairos that it has expended the amount of $250,000 on the Tenements for the reporting year ending 9 May 2020, or that it has expended the sum in connection with exploration or mining on the Tenements. As a result of AJM failing to inform Kairos of its expenditure in breach of clause 5(c) of the Farm-In Agreement, Kairos has advised AJM by way of a notice of termination that: • it considers that it is reasonable to assume that the $250,000 annual expenditure, for the year ending 9 May 2020, has not been met by AJM • it therefore considers that there are reasonable grounds to terminate the Farm-In Agreement. Subsequently, given that Kairos has not received indication that AJM disputed the aforementioned notice of termination, or, made payment in the amount of $1.25 million less any expenditure incurred under clause 6(a) of the Farm-In Agreement, on 19 February 2021, Kairos confirmed that the Farm-In Agreement has been terminated.
Found this looks like funding is a problem.From AJM.ASX...
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