Katoro Gold Share Discussion Threads

[inthemix] 04/5/2021 10:49

I'm only here for Haneti.

[grahamwales] 04/5/2021 10:08

So if I’m correct, please tell me if I’m not.


675,842 ounces divided by 25 years = average of 27k ounces per year or roughly $48.5 million in revenue or $21.6 million net profit.

How much will funders want in return and how much if anything will be left for KAT.

[bigberty99] 04/5/2021 09:13

All lc does isBfs, Dfs reports competent persons reports and naff all else

[grahamwales] 04/5/2021 09:02

Unfortunately LC is not a competent person in fact quite the opposite.

Hopefully the Blyvoor gold mine can get sorted with the union to at least give us some hope that funders will be interested until then can’t see them ploughing money in without some assurance that unions are not going to cause further disruptions.

[lurker5] 04/5/2021 08:41

The first 'competent' person's report ever - in LC's 10 year stockmarket 'existence'. Only because a jv partner has insisted on it of course! (and of course has shown up LC's 'cherry picking' and 'hope for the best' habits in everything else he has said about all his other wheezes)

[tonytony4] 04/5/2021 08:40

Difficult to swallow that but just hope that interested party will take this. Haneti is the only thing to rely apon.. LC will have hand over his position imo.

[grahamwales] 04/5/2021 08:24

Peak funding gone up from $36 million to $69 million.

In other words the presentation material they originally put out was meaningless.

They been in final stages of funding for last 6 months ffs.

[tonytony4] 28/4/2021 14:59

I share your sentiments.

[tonytony4] 28/4/2021 11:05

PJ would certainly get this on the radar!

[grahamwales] 28/4/2021 11:02

Best thing that could happen is for POW to take a larger shareholding and boot the clown out. They have 3% so could possibly increase if the price remains this low.

[inthemix] 27/4/2021 15:43

Well you're still here Richard, so must have some hope that KAT will deliver eventually?

[richardp19] 27/4/2021 14:12

It wnt its run by the clown lc

[tonytony4] 27/4/2021 09:54

We have been let down as shareholders imo and LC is better off passing the batton on.

[grahamwales] 27/4/2021 09:50

Any chance of us getting rid of the clown. I e Mail everyday asking him to resign. Can you all do the same, might not have any effect but at least he will know how investors feel regarding his incompetence.

[richardp19] 27/4/2021 09:26

Lc the loser look at the state of this dog now

[r0hini] 26/4/2021 20:32

14% nickel sulphides & 2% platinum group metals found at the surface.Rotary Air Blast drilling results have determined it's worth diamond drilling deeper.Nickel is key commodity in the green revolution.There will be short term volatility here but any whiff of decent results at Haneti & this rockets. £7m MCAP & not many shares in free float comparatively speaking.Plus, Blyvoor financing inching closer by the day. KAT will rerate this year coming into line with its peers. Ignore all the panic, fundamentals are everything. Topped up today

[tonytony4] 26/4/2021 09:41

At this level I could double my holding but it's just wait as been disappointed before.

[grahamwales] 26/4/2021 09:39

Sentiment will change once drilling start is announced. Everyone at the moment is waiting to see if there is a placing including me before buying more. If drilling is announced with placing then will be back to 2p in matter of hours so keep your powder dry back don’t leave it to long if that announcement arrives.

[tonytony4] 26/4/2021 09:30

Well it's just not worth selling considering a loss of 50% leave it and hope LC can salvage something very frustrating to say the least.

[grahamwales] 26/4/2021 07:36

I think a placing is inevitable bearing in mind the amount of drilling required, hopefully the clown can keep it to the minimum amount as the share price will no doubt rise once drilling is announced in anticipation of the first nickel assays.

[r0hini] 23/4/2021 21:17

I dont know where all this talk of a placing is coming from given the recent raise and the fact KIBO split the diamond drill costs at Haneti.Worst case they do have one, if the money is used to accelerate or expand the Haneti drill itll be worth it once the resources there are confirmed.Everyone needs to chill, switch off for 6 months then review. Nothing gonna happen here overnight