Ghosta
Are you surprised?
Management history is one of mining pockets with little to show. If management were on the ball, they would have shored up JORC increase at Mt York first and foremost. Instead they went on a nearology play at Roe, which although prospective was greater risk, reinforced by latest results there. Why? Doubling Mt York resourse is not adding value? Seems therein lies the problem.
As for conglomerate, they really arent interested are they? They have near 100klms of said strike zone? How extensive is thier exploration? Hmmm....not much ..so far or is that it, wait for others? Who gives a toss?
Many of the LTers were attracted by Lithium on nieghbours PLS & AJM, the latter entered a JV for its Li on (2?) KAI tenements, AJM have not actioned any exploration as yet. Coming to 3 years in July. 2 years left. Maybe they just wanted water access?
IMHO- Kai could have been better positioned than Deg at this point, but sadly the team prefer the motif - "we are nieghbours to the greatest shows on earth". C'mon, l want to be proven wrong, l will buy back in.
I know some will not agree, been shot down more than most on Kai threads, but the SP is a shining indication of management ability, 13c down to 3.6c, and until they show intestinal fortitude, its not about to change.
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Change
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Mkt cap ! $34.20M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
3 | 1201267 | 1.5¢ |
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Price($) | Vol. | No. |
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1.6¢ | 1512812 | 4 |
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19 | 5396390 | 0.008 |
6 | 2738571 | 0.007 |
7 | 7223888 | 0.006 |
4 | 4028888 | 0.005 |
Price($) | Vol. | No. |
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0.010 | 518919 | 2 |
0.011 | 6263010 | 14 |
0.012 | 2862503 | 3 |
0.013 | 1172158 | 5 |
0.014 | 1300000 | 3 |
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