KAI management was searching and exploring new opportunities. KAI knew nearology with PLS and spectacular rise of PLS from 14 c to $2.53 on the back of Litium.
So, apart from gold, as KAI made announcement last week
The Exploration Licences covering the Rocklea and Lalla Rookh Projects are prospective for
both Hemi-style, intrusive-related gold discoveries and lithium-caesium-tantalum (‘LCT’)
pegmatite discoveries.
This shows new opportunities KAI wants to grab. Hope- we would hear more in coming weeks. It seems to me KAI has over $8 million in the kitty and it knows that spending on Lithum exploration and it show what its leases coving huge areas can add value to its shareholders.
KAI options are to expire on 31 December 2021, so-wait for major announcement towards exploration and new opportunities- Its Lithium.
DYOR
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