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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Keras Resources Plc | KRS | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 2.15 | 08:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 2.15 | 2.15 | 2.15 | 2.15 | 2.15 |
| Industry Sector |
|---|
| MINING |
| Top Posts |
|---|
Posted at 06/7/2023 11:30 by apotheki Keras Resources* (KRS LN) – suspended pending results – Results highlight increased sales out of Diamond Creek organic rock phosphate mine in Utah(Keras holds 100% of the Diamond Creek phosphate mine in Utah, UASA. Keras also holds an 85% interest in Societé General des Mines for the Nayéga manganese project in Togo) Keras report the production of 4,750 short tons of phosphate rock from the Diamond Creek organic rock phosphate mine in Utah, USA. Total sales rose to 4,276t. Liquid organic phosphate fertilizer: management are working on the production of liquid organic phosphate fertilizer to enable better phosphate availability for crops. Granular plant: the team are also producing blended organic granulates for the 2023 summer season. The local subsidiary, Falcon Isle Resources, which runs the mine and plant is profitable and has started to replay loans advanced to it by Keras Resources. New investor: Kershner Grosso & Co acquired a block of 10.03% shares from First Uranium Corp. last year and have since raised their stake to 13.16%. Keras recently announced its receipt of £1.7m of funds from the government of the Republic of Togo which it has used to complete the purchase of the Diamond Creek mine and settle the severance of the former ceo. Prices: Rock Phosphate Monthly Prices continue to rise in the US to $345/t from $300/t seen in March. The World Bank also estimates an international price of $345/t for May. We expect Organic rock phosphate prices to hold steady in the US as the economy continues to maintain a level of slow growth despite ongoing interest rate rises. Conclusion: Keras management are now focused on developing and expanding the Diamond Creek phosphate mine. The development of the granular plant should expand sales capacity while the ongoing work on liquid organic phosphate products should give further room for future growth. *SP Angel acts as nomad and broker to Keras |
Posted at 06/7/2023 07:53 by markyess An annual report representing a period of consolidation, and jam tomorrow.It at least feels like there is a solid foundation for that jam, though - and so - in spite of the frustration of being invested since 2011, I have patience to keep holding. A great opportunity for new Investors, IMO |
Posted at 06/7/2023 07:44 by apotheki Graham Stacey, Keras Resources Chief Executive Officer, commented, "Having acquired 100% of Falcon Isle in April, 2022 has been a year of consolidation taking full management control of the business and repositioning ourselves as a mining business in the North American organic agricultural sector. The organic rock phosphate segment space remains a niche component of the vast USA agricultural and produce industry, but research broadly forecasts the segment to grow at a consolidated annual rate in excess of 8% in volume terms and 14% in USD terms which is the underlying reason for our decision to acquire the outstanding 49% shareholding in Falcon Isle.Reporting a maiden profit for Falcon Isle in our first year of ownership has been an incredibly rewarding result from a small but very focussed team in Utah. We've demonstrated the fundamentals of the business in its current form - producing sized dry products only, but from industry engagements at trade shows and from continuing communication with industry players we've learned that there's a need for us to broaden our product range to include liquid and blended granulated products - liquids to serve the fertigation and hydroponic sectors, and granulates to align with traditional fertilizer value chain in terms of distribution and application. Testwork to produce a high available phosphate organic liquid product is ongoing and we look forward to reporting on developments in that segment. Having taken delivery of our granulator plant at the end of 2021 we took the decision to pause construction at our Spanish Fork site pending negotiations with potential partners to construct the plant to produce specific blended granulates rather than simply phosphate products which again talks to the need for a more diverse product range as we continue to gain traction in the organic market. I look forward to reporting on our granulate strategy in the near future. From a Group perspective, we believe that putting a line under the uncertainty related to our investment in Togo was a positive move and the cash received from our divestment underpins the strategy of focussing the Group's activities in North America. Our ongoing role in developing the Nayéga Mine with the Togolese State will remain an important source of cash flow for the Group as we continue to optimise and grow Falcon Isle in Utah. Since the end of the year Kershner Grosso & Co ("Kershner Grosso"), an asset management firm headquartered in Saratoga Springs, NY, acquired a block of 10.03% of the shares in the Company previously owned by First Uranium Corporation, and have since acquired additional shares on the market bringing their shareholding to 13.16%. It has been very pleasing to receive this support from Kershner Grosso as long-term investors recognising the future growth profile in the organic sector and we look forward to building on the strong relationship we have with Chris Grosso and his team going forward and delivering on our shared vision for the sector. |
Posted at 16/3/2023 22:48 by jimbl Er, more than obvious it was due to this: "Effective April 20, 2022, Netcoins Holdings Inc. will change its name to Axcap Ventures Inc.""Netcoins Holdings Inc is a Canadian company engaged in developing software to make the purchase and sale of cryptocurrency to the mass consumer and investor through brokerage services. The company's only reportable segments are cryptocurrency sales via its virtual ATMs. It operates only in Canada." Failed in crypto and obviously clueless about mining. |
Posted at 13/3/2023 12:31 by g2theary Looks like RISKY INVESTOR is right 10p on the cards here ;) |
Posted at 21/2/2023 19:48 by riskyinvestor TAKEN FOR A RAMPERWAS TELLING INVESTORS HOW CHEAP THIS WAS AND STILL IS From 12p to 2p with warrants for 18p FALL WAS WAY OVERDONE Like TOM said it was a SELLER |
Posted at 20/2/2023 10:20 by markyess I'm not so sure about that. First Uranium don't even have a board member for their investment. They are just an investor. Our shares are simply an undervalued asset on their balance sheet.Their trading suspension is not due to duress, it's due to financial regulation. *Should* they be forced into a situation to sell, as a cornerstone investor, it would be a managed sell off with the BoD, not a market dump. (At the current market values you're talking about, I'd expect to see the current BoD acquire the stock directly. At current market prices, it's chicken feed. Reeves and Lamming put more of their own cash in to facilitate the first tranche of Diamond Creek). FUR's own concerns are immaterial. |
Posted at 14/2/2023 09:14 by the skipper As Advfn again blocks anything from this source here’s the text of the article:“ Togo First) - The Togolese ministry for investment promotion is in a meeting with a group of British investors presently in Togo. The meeting started yesterday and closes today. The British investors came as part of a trade mission initiated by DMA Invest. Backed by UK Export Finance (UKEF), the mission covers several African countries. On the first day of the talks, Togo’s minister in charge of promoting investments, Rose Kayi Mivedor, and other representatives from the government, the Togolese employers’ association, and Orabank Togo hosted a high-level panel. Many actors from the public and private sectors, civil society, and local investors were also present. A short but effective program, comprising an investment promotion roundtable and B2B and BtoG sessions, will allow us to enlighten British business leaders more about investment opportunities and partnership possibilities with State structures and the private sector, in the industries of networks, water, agriculture, construction and health, mining, services, logistics, etc.," said Rose Kayi Mivedor, at the meeting’s opening. "The goal is to promote the attractiveness of Togo to investors, key institutions of the United Kingdom, and unveil the vision of inclusive sustainable development to its patient investors," the official added. On the first day, Togolese entrepreneurs presented investment opportunities existing in the country. For the public sector, representatives of various ministries presented various projects, including wastewater treatment projects, the N°1 road construction expansion project, and energy-related projects. Among the various private sector representatives who expressed themselves yesterday were: Aimée Abra Tenu, Togolese entrepreneur and director of Kari Kari Africa, Samuel Mivedor, Managing Director of the Togolese investment fund, Togo Invest, Guy Martial Awona, Managing Director of Orabank Togo, Thierry Metzger, Director for Africa of Intertek, Martial Akakpo from the Martial Akakpo Law Office, and Steve Gray, from UKEF West Africa. The British trade mission came to Togo four months after Togo joined the Commonwealth. At that time, the country also attended a Forum dedicated to the Franco-British States of West and Central Africa. Last year, by the end of the third quarter, Togo, it should be noted, raised about CFA107.1 billion in investments. The amount, disclosed by the ministry of investment promotion, covers 24 projects.” Ayi Renaud Dossavi |
Posted at 03/2/2023 19:42 by riskyinvestor Keras Resources plc (AIM: KRS) is pleased to announce that, post securing 100% of Falcon Isle Resources LLC and Falcon Isle Holdings LLC (collectively 'Falcon Isle') on 30 March 2022, which owns the high-grade Diamond Creek organic phosphate mine ("Diamond Creek'), the Company intends to raise a total of £1,950,000 (before expenses) (the 'Fund Raising') by the issue of up to 1,625,000,000 new ordinary shares of 0.01p each ('Ordinary Shares') at a price of 0.12p per Ordinary Share ('Placing Price'). 1,000,000,000 new Ordinary Shares have been placed for cash consideration to raise £1,200,000 (the 'Placing Shares') (the 'Placing') and the balance of up to 625,000,000 new Ordinary Shares are intended to be issued through a Broker Option (the 'Broker Option Shares'). The purpose of the Broker Option is to allow existing shareholders and other investors to participate in the Fund Raising. |
Posted at 02/2/2023 11:38 by riskyinvestor Investors paid for these at 12p last year and now you cna pick them up for 2pDefinately worth a gamble |
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