A farm out with a nominal payout to KAI holders and a 2-3% royalty on offtake sounds like a great deal for KAI holders, then. Perhaps that REE 100km to the west should be engaged directly.
I believe in the ground, I do not have faith that the BOD of KAI have the capacity to send this to mine. This was why I sold when certain individuals entered management with pasts of questionable intent.
I hope and wish the best for current holders, but would need to see considerable change in management prior to re-entering an investment in Kairos.
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