KAI - Gold or Lithium play?, page-316

From my dad:

"Interesting spike in daily turnover to-day with over 13 million shares being traded so far and the price dipping to 1.2c with the market cap dropping below $34m on a share with almost $6b in underdrilled gold reserves (open in all directions) placing a market value at around 20c an oz on its reserve against a Australian gold price around $3k per oz.

Management has reported that the gold mineralisation body extends continuously for over 3.2 kms ,and that mining and extraction by open cut mining could be done, if mining commenced and extraction cost around A$1,400 per oz on current prices on to-day'sprices this would leave a profit margin of A$1,600 per oz. One wonders why this is valued by the market at 20c per oz and why steps to commence mining are not being progressed."