Katoro Gold Share Discussion Threads

[texaschaser] 09/12/2019 08:03

Ths is money pit. Best to avoid risk until management have way forward and cash.

[iglenn] 16/10/2019 15:35

5000 gbp reward to anyone leading to applegarths identity. Will be posted over advfn tomorrow.

[rakepat37] 10/10/2019 21:26

Try .. #BMV #bluebirdmerchant time to buy and hold, low shares,directors own a big chunck,South Korean government backed and producing within 6months twitter.com/share_talk/sta...

[zcaprd7] 07/10/2019 05:45

Why are they farting about with such small sums of money, hardly worth all the transaction fees?

[short6] 23/8/2019 13:39

I doubt that yaki. Acacia will want their 2% of the NSR and KAT get 1.5% So LVG must have agreed to give 3.5% NSR away.

[yaki] 23/8/2019 08:46

short6 I had forgotten about. So do they get their 2% from our 1.5%?!? Ie KAT pays Acacia 0.5%?!? short6 22 Aug '19 - 16:56 - 171 of 171 0 0 0 Do you remember this yaki From KIBO rns dated 22 july 2016 Kibo Mining plc ("Kibo" or the "Company") (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development company, is pleased to announce it has reached an agreement ("the Agreement") with Acacia Mining plc, ("Acacia") for the conversion of Acacia's residual equity interests in the Imweru and Lubando Projects to a 2% Net Smelter Royalty ("NSR"). So Acacia get 2% NSR for a residual equity interest ( what ever that was ). KAT get 1.5% NSR plus $50k cash and some worthless LVG shares. Great work LC

[short6] 22/8/2019 15:56

Do you remember this yaki From KIBO rns dated 22 july 2016 Kibo Mining plc ("Kibo" or the "Company") (AIM: KIBO; AltX: KBO), the Tanzania focused mineral exploration and development company, is pleased to announce it has reached an agreement ("the Agreement") with Acacia Mining plc, ("Acacia") for the conversion of Acacia's residual equity interests in the Imweru and Lubando Projects to a 2% Net Smelter Royalty ("NSR"). So Acacia get 2% NSR for a residual equity interest ( what ever that was ). KAT get 1.5% NSR plus $50k cash and some worthless LVG shares. Great work LC

[yaki] 22/8/2019 12:10

short6 unfortunately, looks like the case. Only a few weeks ago, the Chairman was talking about upping the reserves to 1m oz Well, Haneti, 1/3 was given away for free anyway. I only have 1 hope, hopefully manage to recover some silver here. But overall, very disappointing turn of the events. short6 22 Aug '19 - 11:23 - 167 of 167 0 0 0 So from first gold pour in 18 months to selling the whole caboodle for $50k plus a load of useless LVG shares. Doesn't cover a fraction of the expenditure here to date. Coetzee must be the most useless CEO of all time. So Yaki, unless Haneti comes in big time, sad to say you can write off your investment here

[short6] 22/8/2019 10:23

So from first gold pour in 18 months to selling the whole caboodle for $50k plus a load of useless LVG shares. Doesn't cover a fraction of the expenditure here to date. Coetzee must be the most useless CEO of all time. So Yaki, unless Haneti comes in big time, sad to say you can write off your investment here.

[short6] 20/8/2019 10:36

Never did understand why this went from 0.4p to 1.5p on nothing. It's just another KIBO.

[datait2019] 09/8/2019 10:14

Dog share yaki stop pumping the dog

[yaki] 09/8/2019 06:45

Re POW, with fingers in many pies, I am sure their cashflow position will determine when ... Some really strange c10k odd numbered ed trades going since last Thursday. Is it the new broker stuffing up shares in their client portfolios smth else?!? Watching very closely cf4568 Aug '19 - 21:26 - 162 of 162 0 0 0 Like every other holder of shares, at some point down the line POW will look to sell. Unlikely to be any time soon with the story yet to unfold and the price only just starting to rise

[cf456] 08/8/2019 20:26

Like every other holder of shares, at some point down the line POW will look to sell. Unlikely to be any time soon with the story yet to unfold and the price only just starting to rise

[yaki] 08/8/2019 20:16

"...real potential for the share price of Katoro to rise significantly which of course will benefit the balance sheet of Power Metal Resources." Does he mean that they will sell, as that's the only way to convert the shares (which can go either way very quickly) into liquid asset in the balance sheet. Mmmm cf456 8 Aug '19 - 19:49 - 160 of 160 0 0 0 Strong day again for KAT. New report out today on KAT from POW. "We think that there is strong chance that prices will continue to grow and, therefore, Katoro Gold with its dual gold and nickel focus seems to be a very good investment option. Power Metals has exposure to 5.9pc of Katoro through the 10m shares it owns already and a further 10m warrants at 1.25p just above the current share price. We consider there is real potential for the share price of Katoro to rise significantly which of course will benefit the balance sheet of Power Metal Resources." hTTps://miningmaven.com/component/rsfiles/download-file/files?path=reports%2FPower+Metal+Resources+Haneti+Report+August+2019.pdf

[cf456] 08/8/2019 18:49

Strong day again for KAT. New report out today on KAT from POW. "We think that there is strong chance that prices will continue to grow and, therefore, Katoro Gold with its dual gold and nickel focus seems to be a very good investment option. Power Metals has exposure to 5.9pc of Katoro through the 10m shares it owns already and a further 10m warrants at 1.25p just above the current share price. We consider there is real potential for the share price of Katoro to rise significantly which of course will benefit the balance sheet of Power Metal Resources." hTTps://miningmaven.com/component/rsfiles/download-file/files?path=reports%2FPower+Metal+Resources+Haneti+Report+August+2019.pdf

[datait2019] 08/8/2019 13:44

Just like kibo

[datait2019] 08/8/2019 13:44

Dog share end of

[cf456] 08/8/2019 13:28

Strong again today. 2p not far off now.

[cf456] 07/8/2019 13:43

"#gold looks set to break $1500 - not many stocks with large gold resource #KAT @KatoroGoldplc has 755,000 ounces JORC compliant Resource already & now targeting the magic million ounces £2.3m cap - imo bizarre valuation!" hTTps://twitter.com/pauljohnson9691/status/1159080490286178304

[yaki] 07/8/2019 09:22

short6 fair points and agreed. As the only s/h at the agm, I made that point very strongly to the Board. The key is what is the fair value for KAT sp, given current situation - is it 1p, 5p or 10p and then buy/hold/sell, accordingly I think the current share price reflects the ineptness of the Board and lack of any progress. I wish when I made the investment decision stayed with Shanta. Their share price doubled where here is down 80%. Not great! short6 7 Aug '19 - 09:41 - 154 of 154 0 0 0 Uk and Yaki, don't you remember Kibo's JV with MTR with Johnson at the helm. Okay the share price went up from 1p to 10p, but nothing came of it and the licence's were eventually relinquished. MTR made Hundreds of £k, some pi's made money, but most lost. Getting caught out by these shysters once is a learning curve. Being caught out a second time is shear stupidity.