Because the focus has been on Mt York due to the gold price probably and capital required to develop an REE plant would be huge.
The point I make is China has changed the game so perhaps there is an opportunity to monetise the discovery through a JV or outright tenement sale.
Merely speculation on my part and there is value there.
The US government is supportive with DTR despite it being ASX listed but with a US deposit due to China restricting exports and a shortage of processing facilities and deposits in US.
The challenges for KAI would be capital and time. Lynas is not far away.
Because the focus has been on Mt York due to the gold price...
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Last
2.3¢ |
Change
-0.001(2.13%) |
Mkt cap ! $60.51M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.4¢ | 2.3¢ | $30.74K | 1.308M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1407224 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 200000 | 1 |
View Market Depth
| Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
| KAI (ASX) Chart |