Katoro Gold Share Discussion Threads

[yaki] 12/3/2021 17:26

gw

never, and why should he lose one of his several salaries?
Always can do a placing to pay for next quarter's expenses


grahamwales 12 Mar '21 - 17:02 - 2488 of 2488
0 0 0
£6 million m cap. When is LC going to resign.

[grahamwales] 12/3/2021 17:02

£6 million m cap. When is LC going to resign.

[inthemix] 12/3/2021 15:51

219k trader has lost a few quid today.

[grahamwales] 11/3/2021 16:19

Couple of large buys gone through today I see.

[grahamwales] 11/3/2021 12:35

Mmmmmm so the Chinese gave the world coronavirus now they are in a very good position to dominate it without one shot being fired.


With its acquisitions of battery metal supply and processing capabilities, China doesn’t just want a robust domestic market, it intends to dominate the world market. They have the opportunity here to end up with a double-win, which is to reduce nickel prices for long enough to put off Western investment in new nickel production so that Western manufacturers will have no choice but to be utterly reliant on Chinese materials and Chinese batteries. China wants to be the “Silicon Valley” or modern Detroit for batteries, electric vehicles and the related supply chain as a whole.

[grahamwales] 11/3/2021 12:30

Interesting read guys.

Seems the recent drop in Nickel price is China trying to influence the market because they are low on Nickel sulphide. (Surprise surprise)

Cut a long story short if the were to refine Nickel laterite into material suitable for EV batteries.

However if they went through this process not only would it increase carbon emissions great than petrol or diesel cars production of the higher quality nickel would negate any increase in the sales value.

[grahamwales] 10/3/2021 23:43

Hence the rise in gold. Long may it continue

[grahamwales] 10/3/2021 18:11

Interesting Development in Tanzania.

[sirianbotham] 10/3/2021 17:06

In kibo for several years. Kat about a year after it was created.

[inthemix] 10/3/2021 16:03

Mind my ignorance SirIan, haven't posted or been visibly active on this bb, have you both been invested here a while?

[grahamwales] 10/3/2021 15:03

Also if Nickel is that close to the surface there would be no stripping costs involved.

[sirianbotham] 10/3/2021 14:49

Then there's existing access and in country infrastructure ... pretty good for haneti.

[grahamwales] 10/3/2021 14:48

Tesla high nickel battery news.

[sirianbotham] 10/3/2021 14:48

For example trenching in one area back in 1931 found some small deposits at 7%. The recent drill is looking for near surface deposits 50 holes at total 2000m is 40m per hole. Open pit mining is more cost effective and can be fine down to 300m. So a 1% grade at 30m depth is better than 3% at 400m depending on how much at each depth.

[sirianbotham] 10/3/2021 14:41

Depth, drill intercept and %

[sirianbotham] 10/3/2021 14:01

As for grades kabanga has an average 2.62% nickel. Kat have stated grades upto 14% identified in the past. A lot of variables

[sirianbotham] 10/3/2021 13:52

Kat own 65% of haneti. I'm not sure if the diamond drill costs are covered in the last cash raise (jan 21) but if not If we are liable if 65% of the cost. What's the value of a world class nickel deposit in a country that's already got the worlds largest deposit at kabanga under development!

[grahamwales] 10/3/2021 13:32

Sirian

How do you see it going?

[grahamwales] 10/3/2021 13:31

Inthemix

Hard question to answer as I doubt any resource information will be known at this stage.

Anything from 1%+ nickel sulphide will be good imo.

If they can get to 3p it should start triggering more warrant conversions which will in turn pay for diamond drilling and eventually prove up some resources.

That stage should attract some of the larger companies or Chinese interest with them taking a % in Haneti for further development and drilling.

[inthemix] 10/3/2021 11:24

If the Nickel percentage is as good as they think it is, what sort of price are we looking at? GrahamWales you seem like the top poster here, any thoughts?

[grahamwales] 10/3/2021 08:34

Will be interesting to see if more warrants get converted over the next week or so. Bloody insiders converting before Haneti no doubt.

[sirianbotham] 09/3/2021 18:20

Yes a lot exercised there recently before they expired in May and above current SP

[grahamwales] 09/3/2021 18:10

SirIan

I notice KIBO had warrants at the same time as well.

[sirianbotham] 09/3/2021 16:29

From Oct 2019 placing and 2 year expiry

[sirianbotham] 09/3/2021 16:28

Clients of si capital