KAI has not released any conglomerate news of late, probably because they have not been working in the field due to climatic conditions.
They could take a leaf out of DEG's book, and send a geo out in the field for a day, get him to pan a couple of samples from the locations they got good results from before and draw up the straitigraphy of the conglomerate there in a fancy diagram.
They have shown you dont actually need anything new of meaninful significance to convince a market eager for news that you have something. With a few smoke and mirrors tricks and only a few thousand dollars spent, DEG looks like they may overtake ARV in SP (but not market cap of course).
Meanwhile KAI cant be far off from completing their drill program at Roe Hills. Unfortunately the market couldnt care less. Its conglomerate news they want.
Pilbara, page-24
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Mkt cap ! $31.45M | |||
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Last
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Change
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| Last updated 14.17pm 29/04/2024 ? | |||||
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