KAI 5.26% 0.9¢ kairos minerals limited

Ann: Roe Hills Drilling Update and REE Discovery, page-88

  1. 21,239 Posts.
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    For what it's worth, I hate saying these things about KAI's management. I've also been involved with STK and the difference in management decisions is chalk and cheese. It's very frustrating to see how long KAI have taken to focus on their major assets and just continue to drill all over the place from up near Port Headland to way down east of Kalgoorlie. They are just chasing windmills. They have fantastic land exposure, in great, prospective areas, a proven 1.5mt gold asset, but they have diluted the IC incredibly at huge discounts, yet continue to come out with tantalising, but cryptic, "results??
    Without the diverse chasing of targets, and fully focusing on what they KNOW they have, KAI should be on the very cusp of gold production. BUT!!!!
    They've got enough to warrant holding and not selling, but, It's going to be hard to attract newcomers and get that SP back to where it "could" be with smarter decision making.
 
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