KAI 6.67% 1.6¢ kairos minerals limited

Thanks JandJ but I'm not the most tech savvy person when it...

  1. 773 Posts.
    lightbulb Created with Sketch. 9
    Thanks JandJ but I'm not the most tech savvy person when it comes to producing maps, I just spend a lot of time studying the facts and reading all the announcements from companies with land in the Pilbara conglomerate gold region.  I've actually been using maps provided by someone with a hell of a lot more experience than myself, John435.  Every now and then he posts updated tenement maps on various threads including the Short Term Trading Thread.  I take his maps then use data overlays from other maps with the different geological formations for the region and then combine that data onto one.  As I mentioned, I believe KAI's most promising projects are Croydon, Taipan (both in the Pilbara) and of course Roe Hills (100km east of Kalgoorlie).  They also have the Wodgina Lithium Project in the Pilbara, but I think they've put that on hold for now so they can focus on the gold projects.  It is definitely looking like any land with exposure to where the edge of the Fortescue Group meets the granite/greenstone basin will hold large amounts of conglomerate gold....and that's one of the reasons I've settled on KAI.  The other reason is they actually have substantial cash ($10mil) to spend on exploration unlike a lot of the other Aussie juniors.  The third reason and perhaps most important for me, was the fact that Eric Sprott is heavily invested in KAI.  Sprott has $56mil invested in Novo, so I believe he's chosen KAI for good reason!

    I've attached a basic map that shows all of KAI's projects in the Pilbara Region.  Sorry for the lack of quality, but my scanner isn't the best.  The blue line marks the edge of the Fortescue Group where it meets the granite/greenstone basin.  You'll notice that KAI has good exposure to this blue line, not as much as Novo Resources obviously, but hey we've only got a $42mil market cap compared to theirs at $2bil.  I haven't marked the blue line/edge of Fortescue Group on the Taipan Project on this map, but it does have exposure.  KAI's tenements are the black ones.  You can click on the map to enlarge it.  The light blue tenements intertwined with KAI's (black) are the Creasy Group, who are probably the other main player apart from Novo.

    IMG_20180114_0001.jpg
    Last edited by GoodEnuff: 14/01/18
 
watchlist Created with Sketch. Add KAI (ASX) to my watchlist
(20min delay)
Last
1.6¢
Change
0.001(6.67%)
Mkt cap ! $34.20M
Open High Low Value Volume
1.6¢ 1.6¢ 1.5¢ $7.746K 513.3K

Buyers (Bids)

No. Vol. Price($)
3 1201267 1.5¢
 

Sellers (Offers)

Price($) Vol. No.
1.6¢ 1512812 4
View Market Depth
Last trade - 14.14pm 29/11/2024 (20 minute delay) ?
KAI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.