Keras Resources Share Discussion Threads

[alwaysevolving] 07/2/2017 16:20

How low can it go? ☹️

[greatfull dead] 06/2/2017 13:01

Andy,

No problem, I too have a warped sense of humour at times. Sometimes it get me into a wee bit of verbal bother.

ATB,
GD

[andrewhbruce] 06/2/2017 12:30

Anyone going to AGM?

[andylee3] 05/2/2017 00:48

Yes, Alwaysevolving, you were correct!
Sorry for my warped sense of humour GD.
But if those lot over on LSE have to put up with it....so can you!
Things looking up now with KRS IMHO, so......GLA

[cpap man] 03/2/2017 10:30

RNS OUT FROM KRS REF: LOAN REPAYMENT

[greatfull dead] 01/2/2017 13:17

alwaysevolving,

I guessed he was joking with ;-)and the end of his post. Just thought I would answer Andy to be polite.

GLA,
GD

[the count of monte_cristo] 01/2/2017 12:19

The giddy heights of 0.0475p

[alwaysevolving] 01/2/2017 12:06

GD, think Andy was joking?.....Spike, Point! That's the way I read it anyway.

[edgein] 01/2/2017 10:24

GD,

Its still holding quite well, still more buyers than sellers around on here at the moment. It was up on reasonable buying volume yesterday.

Regards,
Ed.

[greatfull dead] 01/2/2017 08:37

al3,

My point was spikes happen with KRS one day then retrace the following day.

GLA,
GD

[andylee3] 31/1/2017 22:55

so, what's your....point? ;-)

[greatfull dead] 31/1/2017 17:49

Will the spike stiil be there tomorrow?

GLA,
GD

[the count of monte_cristo] 27/1/2017 16:15

Edge - what did I make of it? The share price was down on the day.

Lets get excited when the share price is going up...not down....when the asx listing is done, and they are drilling.

AGM soon.

[gautams] 27/1/2017 13:05

London South East site has some interesting chat on krs at the moment - worth tapping in.

[edgein] 27/1/2017 09:48

TCMC,

Not really, I'm very realistic about the potential here and the likelyhood of the ASX listing. I think you should add 8) to that list, the highest trading volume every recorded yesterday with 153m buys and 4m sells.

Sells were at the bid of 0.4p and the vast majority of trades were at 0.449 and above. What did you make of that? Ozzies getting in ahead of the imminent dual listing? Mixed with a few AIM bargain hunters too I guess. Not only a high volume but also a high number of individual trades.

Regards,
Ed.

[the count of monte_cristo] 27/1/2017 09:22

Ed - you are uber positive and that's fine I understand it, however;

1) the chart tells a different story
2) the company has just issued 10% of the stock at a discount
3) the share price is at all time lows
4) as RS keeps pointing out unless they get the ASX listing we are in difficulty
5) If they get the ASX listing done we are all looking at significant dilution

Positives...

1) good management
2) commodity prices picking up
3) potential exciting Aussie gold asset, +1m oz?!
4) eventually one would expect the Togo gov to say 'YES' to starting Nayega
5) once they get the placing away a 12k drilling programme will follow, with plenty of news flow
6) potential to sell some non-core assets, to raise funds
7) a loyal band of shareholders and followers

[rec0very stock] 26/1/2017 18:10

Count,

If you check the Annual Report you will find that a significant amount of the current liabilities are owed to the directors who have been awarded fees but not been actually paid them.

It is notable though that the directors did not take part in the placing. That could be because they are in a close period ahead of the ASX listing.

[edgein] 26/1/2017 16:46

Just for reference too the highest ever previous trading volume on FRX/KRS was 90m approx. Just cause some see things a little differently to you doesn't mean they're wrong! ;) Given the volume buying today I'd say a lot of people see it differently.

Regards,
Ed.

[edgein] 26/1/2017 16:32

Don't give them shoes either!

Regards,
Ed.

[edgein] 26/1/2017 16:31

TCMC,

Yeah it is how do you explain about 2m sells and about 153m buys just below the ask. Price is down due to a placing at 0.35p, significant buying is occurring at 0.449p ask is 0.45p, pretty much all day. Placing shares almost all shifted in one day! Don't tell me its just Ozzies buying cause the silly pom's have priced this one wrong. I know how dare they get paid! Directors should be forced to march in the snow!

Regards,
Ed.

[the count of monte_cristo] 26/1/2017 16:04

Panic buying, that's a good one. The share price is down.

Directors got paid 438k last year, the 600k placing will help cover salaries for the next few months.

[the count of monte_cristo] 26/1/2017 16:04

Panic buying, that's a good one. The share price is down.

Directors got paid 438k last year, the 600k placing will help cover salaries for the next few months.

[edgein] 26/1/2017 15:41

155m traded so far today with about 2m of those on the bid and the rest just below the full ask. Sentiment here seems to have triggered some sort of panic buying, they seem to want to shift all 171m placed shares today.

Regards,
Ed.

[rec0very stock] 26/1/2017 13:23

There is a very real risk that the company could go bust in the near future and the shares are worthless - that is why the auditor emphasised the matter of going concern.

We all hope that will not happen and the ASX listing is really the only thing that will prevent it from happening. I would not want to put a % figure on the probability, as it would only be a stab in the dark. I am hoping that DR and the team in Australia do have the credibility based on past success to pull off a decent ASX listing either dual or of a subsidiary. They will only know whether the ASX listing has worked when they have irrevocable agreements from the investors, that only happens just before listing. I feel ASX investors are more likely to want to put money into a subsidiary of Aussie gold assets than into the PLC and I was heartened to see that option. They must have decided by now which way they are going or the ASX listing will not happen before the bridging loan is due.

As far as fair value of KRS PLC is concerned there really are too many unknowns and unassessable risk factors to determine one. Yes, if everything goes well, KRS is worth many multiples of where it is now. However there have been a lot of false dawns - the reason why I hold such a big stake is because I averaged down on those false dawns and the very real possibility that there will be no dawn and the lights will go out. That is why the AIM share price is where it is. The potential ASX investors at the IPO will not be small PIs who buy in the secondary market. The Aussies do know a lot about mining both the upside and the risks involved, whilst I think there is enough known about Klond for them to want to have a stake in it, I would not expect them to pay over the odds for it on a risked basis.

[novicetrade68] 26/1/2017 13:07

You would expect now to see a holding statement soon of who picked up these 85m as it is more than 3% of the share capital ?