At the moment is just 1.4m oz in the ground. It's worth only what's left after extraction and processing.
The scoping study due out in approximately 4 weeks (independent) will enable a clearer understanding of the value KAI shareholders are sitting on. It will also create clarity for prospective partners or buyers. Who has been scooping up the volume recently?
IMO the value has to be a lot more than 1.1c per share.
"QUARTERLY REPORT FOR THE PERIOD ENDING 30 JUNE 2024
Scoping Study on 1.6m oz Mt York Gold Project underway following positive valuation exercise (now 1.4m oz)
Study is aimed at unlocking the significant value of this large WA gold inventory"
KAI Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held
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