Katoro Gold Share Discussion Threads

[grahamwales] 21/5/2021 14:49

Regarding the scoping study I guess the increased costs are due to them now requiring a crusher in order to gain maximum amount of gold recovered.

[grahamwales] 21/5/2021 14:36

Yaki

WAs that piece done 5 years ago. Struggling to see what relevance it has as KAT hasn't actually stated how they intend to finance the project yet.


Lurker

Didn't realise there was a limit on the number of posts and I'm sure their servers can manage a few more.

[yaki] 21/5/2021 12:34

gw

"....As for streaming companies, I published a very detailed report into the whole industry 4-5 years ago - again if you knew where to look.
..."

Here's John C/lurker5 piece on streaming companies - pretty good

hxxps://masterinvestor.co.uk/commodities/are-these-companies-the-safest-way-to-play-the-mining-sector/


lurker5 21 May '21 - 12:11 - 2856 of 2856

'Fraid youre quite a chump Mr Graham from Wales. I've been following and writing in
great detail about Kat's tailngs from the very beginning (Feb '20)- if you knew
where to look. And I've also said here that having been correct, from that very
beginning, to advise its avoidance until much more detail was known, I misled
myself (thinking even LC couldn't screw it up) into buying quite a chunk for
myself at 2p. Since then it has become apparent that even the scoping study was
wildly wrong, and the CPR, once again as LC's habit, has none of the detail to enable even a rough assessment of shareholder value. As for streaming companies, I published a very detailed report into the whole industry 4-5 years ago - again if you knew where to look.
I spotted from the very time you first clumped, all-knowing, onto the Kat board a good 8 months into the story, that you knew nothing about mining or financing, putting forward the 8 months old Mining Maven nonsense "Katoro's Major Bull-run is primed to last" !!!.
So its "Good day to you Sir !" - and whether ADVFN's servers can continue to cope with your manic 6 posts per day on companies you have no clue how to value remains to be seen !

!

[lurker5] 21/5/2021 12:11

'Fraid youre quite a chump Mr Graham from Wales. I've been following and writing in
great detail about Kat's tailngs from the very beginning (Feb '20)- if you knew
where to look. And I've also said here that having been correct, from that very
beginning, to advise its avoidance until much more detail was known, I misled
myself (thinking even LC couldn't screw it up) into buying quite a chunk for
myself at 2p. Since then it has become apparent that even the scoping study was
wildly wrong, and the CPR, once again as LC's habit, has none of the detail to enable even a rough assessment of shareholder value. As for streaming companies, I published a very detailed report into the whole industry 4-5 years ago - again if you knew where to look.
I spotted from the very time you first clumped, all-knowing, onto the Kat board a good 8 months into the story, that you knew nothing about mining or financing, putting forward the 8 months old Mining Maven nonsense "Katoro's Major Bull-run is primed to last" !!!.
So its "Good day to you Sir !" - and whether ADVFN's servers can continue to cope with your manic 6 posts per day on companies you have no clue how to value remains to be seen !

!

[grahamwales] 21/5/2021 09:36

LOM of 25 years building to a production capacity of 500,000 tons per month with an overall production of 675, 842 ounces of gold over LOM. These figures are based on 51% recovery rate.

If as they say they can achieve a recovery rate of 60% that will increase the total gold recoverable by nearly 120,000 ounces of gold or an increase of $224 million total in revenue.

That figure does not include any further tailings that will be added from the mining operations.

[grahamwales] 21/5/2021 08:12

One other thing Lurker.

This is a 50/50 joint venture with the company running the gold mine and with that ramping up production they will be generating a lot of interest in the tailings project.

[grahamwales] 21/5/2021 08:03

Tony as you say results out of the way lets get Blyvoor sorted within the next month and away we go.

[grahamwales] 21/5/2021 08:02

Lurker.
But you don't know how funding will be sorted yet.

The initial cost of the project was not done by Katoro but as your not interested I don't suppose you have bothered to check.

Blah blah blah you seem very concerned in something you are not really interested in.

As I've said previously if Katoro can come out of this making £1 million per annum in the first 2 years then doubling it will be sufficient to see a m cap of around £25 to £30 million.

That will provide enough headroom to raise funds for Haneti drilling and enhance the m cap even further.

But as your not interested I wont bother telling you. :-)

[tonytony4] 21/5/2021 07:59

Results are out of the way now. Let's see how the market reacts all the best.

[lurker5] 21/5/2021 07:46

No lender, whether bank or streamer, will ever fund a project 100%. An equity element is always demanded from the owners. 25% the ususal minimum. And the more there is a streaming element, which is ALWAYS considerably more expensive than bank lending (as has been thoroughly explained before) the less headroom to reassure the next tier lender - ie a bank (or maybe preference shares). Either way there is now enormous uncertainty as to the value remaining for KAT shareholders after funding. All because our Louis, surprise, surprise, got wrong (Very Wrong)(or deliberately announced the wrong cost of the project.

[grahamwales] 21/5/2021 07:24

Accounts as expected. Still think they are looking to get Blyvoor funding via Debt Financing or royalties and will be done before any further drilling at Haneti.

[tonytony4] 20/5/2021 17:57

GW Let's hope so for all invested.

[grahamwales] 20/5/2021 17:54

Back in March the share price for KAT was over 2p and Gold Price was around $1700.

Blyvoor mine was not operational because of union issues.

Today’s share price is 1.15p and gold price is $1880. Private holders are getting spooked into selling but someone or multiple persons are buying.

Blyvoor mine is operational and preparing to ramp up which will increase the amount of tailings in those dams.

I don’t think there will be any drilling done until Blyvoor is agreed as I’m sure Kibo will not want to be diluted any further especially as they have inside knowledge.

Just my opinion but having been at this game for quite a while consider it a educated guess.

[grahamwales] 20/5/2021 16:06

Can someone please explain to the idiots over on LSE that it’s a 50/50 JV so why would KAT want to raise 100% of the money.

Yes I know they are trying to manipulate holders over there and looks like some have fallen for it.

[grahamwales] 20/5/2021 14:02

Yet he claims to hold a substantial amount of shares. DOH some posters are so stupid they make Louis the clown look intelligent.

[tonytony4] 20/5/2021 13:44

Lol I have just seen that post and it made me laugh.. I doubt that poster has even read any of RNS from Kat.

[tonytony4] 20/5/2021 10:26

Economic are better than ever agree what are they waiting for!

[tonytony4] 19/5/2021 18:19

I can see gold heading higher! Whether this will get LC to close a deal we will just have see! Surely must be due.

[grahamwales] 19/5/2021 17:20

Because people have finally realised Bitcoin is not real. You can hold cash and gold in your hands but not Bitcoin.

Once the crazes of computer money goes away Gold will advance above $2000/oz in the blink of an eye.


The price of Bitcoin has fallen below $34,000 (£24,030) for the first time in three months, after China imposed fresh curbs on crypto-currencies.

[tonytony4] 19/5/2021 14:59

Gold price today $1890 why!!!

The CPR comprises an advanced prefeasibility level study, a reserve and resource statement and a South African Mineral Asset Valuation report.

The CPR has highlighted a total project resource size of 1.4-million ounces of gold comprising 500 000 oz in the measured category, 368 000 oz in the indicated category and 542 000 oz in the inferred category.

The CPR further demonstrates a net present value of $114-million, a 33% internal rate of return and a return on investment of 64%.

The total project capital cost will be $152-million across the life of the project and an all-in cost of $1 067/oz, using an average gold price of $1 610/oz, although the current gold price is about $1 800/oz.

The CPR was conclusive that the project demonstrates robust technical and economic viability.

[tonytony4] 19/5/2021 14:24

Tailings will need to get sorted one way or another why hasn't blyvoor tailings JV been concluded! This is no brainer for LC! We live in hope.

[tonytony4] 19/5/2021 08:29

Interesting but all in LC's hands. Praying he gets this sorted.

[grahamwales] 19/5/2021 08:04

Blyvoor richest mine in the world producing even more tailings as we speak.

First couple of minutes into interview for anyone interested.