KAI 6.67% 1.6¢ kairos minerals limited

Ann: Pilbara Gold Project Mineral Resources Jump to 643000 Ounces, page-27

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  1. 3,418 Posts.
    lightbulb Created with Sketch. 90
    Sadly
    l recall MPJ when it confirmed the opportunity at MT York, it hit MC ~30m, so what has happened since, it confirms a 600k resource and the MC cant get to 32m. Maybe the gold is only worth $0, Why?
    Something is seriously wrong with the valuations. $47 per ounce in ground...hmmm, not including any future potential, or Li or other projects. Note to self, DEG =$47.5.
    But yesterday the Kai calculation was $103 per ounce.

    IMO, If Kai is to prosper it needs to drill and prove up the "open" passages at York and get on with it not sot procrastinating.
    They can reconsider Roe at a later date.
 
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