Katoro Gold Share Discussion Threads

[grahamwales] 11/6/2021 13:19

With battery-grade nickel to remain in a deficit, Africa’s wealth of nickel deposits will position the country to benefit from an uptrend in prices in the coming years. According to the report, African nickel production will rise in the coming years, with South Africa and Tanzania to benefit the most.

[grahamwales] 11/6/2021 10:22

InTheMix

Can't see anything price sensitive, in fact how are they reporting costs for Katoro when the costs are Katoro's not Kibo.

Yes the own a % of shares but KAT is a stand alone company.

[inthemix] 11/6/2021 09:44

Kibo released annuals an has alot of price sensitive info about KAT... Why haven't we had an rns?

[grahamwales] 10/6/2021 21:10

91% nickel EV battery.

Now we just need some nickel.





Samsung SDI Introduces Cylindrical NCA Cells With 91% Nickel

[inthemix] 10/6/2021 16:31

Mms watching me I reckon Andy.....

[grahamwales] 10/6/2021 14:05

Hope you lot used your votes.

[andysmi] 10/6/2021 13:52

Inthemix - it moved!

[tonytony4] 09/6/2021 20:27

Just seeing this till the end, no point in selling as news could surprise us! Feel let down by LC

[grahamwales] 09/6/2021 20:05

Probably won’t move until insiders get wind of what’s to come.

[inthemix] 09/6/2021 16:32

I'd just like it to move off 1.18, any frigging way.

[grahamwales] 09/6/2021 10:31

Notice a few comments on LSE regarding the licence at Haneti. However as the drilling was after period end then I guess the licence would have had to be in place

[grahamwales] 07/6/2021 10:01

Mr Reaper

Suppose you could say that about most companies on AIM who have much higher market caps.

[grahamwales] 07/6/2021 09:59

Uk

Me to be interesting to see how many others voted him off lol

[grimreaper2019] 06/6/2021 18:23

It is worth mentioning that Louis Coetzee has NEVER EVER delivered a single bean of revenue from ANY project he has been associated with nor has he ever completed ANY meaningful project funding.

He does tell a good story though!

[grahamwales] 06/6/2021 15:24

UK

Did you vote after.

[grahamwales] 06/6/2021 15:21

Lurker

If they did fund 50% with a placement I and no doubt countless others would be more than happy. Not expecting KAT to come out with more than around 10% of the total revenue once funding is sorted likewise not expecting them to fund any % of the expenditure.

This will be a royalty basis with a number of funders thus reducing the risk to any one company.


Not expecting anything until early next month so watching and waiting.

[uknighted] 06/6/2021 09:49

gw you are doing a great job at flag waving - I sincerely hope it comes good for you - and me, of course.

[lurker5] 06/6/2021 09:36

Yes. He forgot the 50% JV. However, that doesn't negate the possibility that Kat will private place for its own 50% of capex, while Target gets its own funding elsewhere. The 'unincorporated jv' does rather make funding more difficult it seems to me. Why not incorporate, and raise funds by floating ? I don't know. There are probably tax and other factors behind the choice. But with the two partners possibly with very different financial strengths (Kat very weak) I would have thought funders would be more wary than if they lent to a proper, incorporated, project company.

[grahamwales] 06/6/2021 08:53

Lurker

This is a 50/50 JV with Blyvoor why would KAT fund the whole project.


Yes nomad may be one of the parties interested in funding the project why wouldn’t they be they already have an interest in the gold mine and as we have seen from the Enviromental impact report from the mine they have to clear the existing tailing dams to make room for new spoil.

Therefore it is in their own interest to get the tailings started as soon as possible.

The shares are down because private investors/traders were expecting a fund raise for Haneti. Now if that doesn’t happen until after Blyvoor we are looking at 3p plus which will in turn trigger the warrants in order to fund the Haneti drilling.

From then on it’s like a snowball effect with Blyvoor picking up pace and Haneti drill results.

The likes of Kibo and Sanderson won’t want to be diluted any further which is why we haven’t seen any placings.

All my opinion of course but as I said the longer we don’t see a placing the more likely Blyvoor deal will be done.

[lurker5] 05/6/2021 12:30

GW.
THis from the other side. I too hope he's wrong. But it IS one possibility if LC can't get a streaming deal or a project loan.

"By Retired Banker Price: 1.20
No Opinion RE: Could Nomad provide our blyvoor tailings funding!!20 May '21

Just to say, I have quite a large holding here at around 2.25p average
so I'm losing money. I'm quite tempted to average down with the
price at 1.30p but I fear the market insiders are aware of the nature of
the funding and I suspect it isn't going to be pretty for current shareholders. My gut tells me that we're going to see a private placement to BoD, friends and insiders of around 2billion shares at 1p. £20m capital will be enough to start funding the project and probably attract £40m more convertible bonds paying 7.5% coupons with conversion rights at maybe 2p.
This will mean that 80%+ future growth goes to the new shareholders.
I hope I'm wrong, but I've seen this scenario play out too many times
before with gold miners"

I suspect its one reason the shares looked f----d'

[grahamwales] 04/6/2021 22:49

Never say never mate lol. Blyvoor will happen just a matter of time now. Small free float with private investors buying and selling. Real movement will come with Blyvoor funding probably before it actually gets announced.

[inthemix] 04/6/2021 20:45

Keep up the good work Graham, I keep having a look in pal.

[grahamwales] 04/6/2021 08:51

The longer we go without news on Haneti the more likely they are expecting Blyvoor to be completed.

My estimate is around 1st week of July.

[grahamwales] 03/6/2021 13:53

Looks like small time traders over on lse board trying to spook the last couple of private holders again.

Wonder how Bitcoinbuyer is doing with its recent collapse:-)