I wish that PLS didn't agree to the 2% royalty, and instead offered KAI $30m rather than $20m. KAI need cash to keep the company operationally sustainable and fund future exploration (while minimising the inevitable explore + capital raise, explore + capital raise trend that exploration companies are tied up in), and I feel like they would have agreed to some sort of deal along those lines.
We can always buy the royalty out at a later date, but I'd prefer to have just negotiated this now.
News: PLS Kairos Minerals Says Non-Core MT York Ground Sold To Pilbara Minerals For A$20M, page-16
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Last
$3.19 |
Change
0.080(2.57%) |
Mkt cap ! $9.651B | |||
| Open | High | Low | Value | Volume |
| $3.18 | $3.27 | $3.15 | $65.44M | 20.35M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 44 | 64279 | $3.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.19 | 79520 | 23 |
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| Last trade - 15.22pm 14/11/2024 (20 minute delay) ? |
| PLS (ASX) Chart |