KAI 11.1% 1.0¢ kairos minerals limited

Ann: Research and Development Rebate and EDI Update, page-26

  1. 1,924 Posts.
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    Your comment below made me think you thought it would affect current cashflow. anyhoo.

    "That's a better outcome for this FY IMHO. It is an insignificant amount for individual holders, much more significant for the company at this stage."

    I came on here a few weeks ago to touch base with the company. I have stuck around due to the Co announcement as I do actually see this running. Cash position isn't great and so not sure if I will buy now or wait til after the next CR. I eagerly await the next qrtly.

    Obviously the likelihood of the $800k R&D rebate is good news. But as a director of a company and getting paid decently for that position, these type of mistakes shouldn't happen. They certainly shouldn't have released an announcement after the cut off date without checking. That puts a cloud over the capabilities of management. If you disagree, and I'm fine with that of course, then we have different expectations of someone earning ~$250k (not including bonus or share allocations).
    Last edited by dubspec: 18/07/17
 
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