KAI 6.67% 1.6¢ kairos minerals limited

Ann: Large Gold System Identified - Update - Roe Hills, page-43

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  1. 2,070 Posts.
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    Black Cat for someone who claims to follow KAI you seem to have missed quite a lot of detail.

    KAI raised substantial capital last year and probasbly has in the oder of 7-8 million in the bank to fund future exploration. Funding the next round of conglomerate exploration is not going to be a problem financially, and stream sampling/ panning etc is about the cheapest form of exploration that can be done.

    It may come as a surprise to you, but nearly all junior explorers have few or no full time staff. When an exploration program is being planned then geos, field assistants are hired short term for field work, interperetation of assays etc.

    Just as an example KAI hired a geo to oversee KAI's conglomerate exploration in late 2017, he is not a full time employee, and as I mentioned in an earlier post he is presently working for Marindi metals.

    Not all companies have a windbag for a chairman who wouldnt know the difference between a clast and a coconut like ARV has. KAI has Terry Topping, an experienced geo who is able to have real input into programs and interpereting results, a further cost saving.

    I suggest that before making any more so obviously uninformed comments that you spend the time to at least read KAI's anns to get up to speed with this company.
 
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