Katoro Gold Share Discussion Threads

[tonytony4] 11/8/2021 09:37

I will just have to wait not putting any more in this untill LC delivers something material..

[grahamwales] 11/8/2021 09:29

Same here, just noticed some 500k buys going through thought someone trying to average down

[inthemix] 10/8/2021 21:48

No mate, no rush to top up at the moment, mm's will continously walk this down as LC is doing nothing except pocketing a wage.

[grahamwales] 10/8/2021 17:41

Any of you lot trying to average down yet.

[grahamwales] 06/8/2021 14:57

Hope you have all e mailed the clown to tell him what a wonderful job he is doing.

[andysmi] 06/8/2021 10:26

Yep, this is what I thought this rns is all about too! Basically it says, don’t worry it’s all going to plan, but you won’t hear anything until November December. Which is fine! As you said the annoying part is the mms destroying the share price bit by bit. Well, it’s a hold indeed.

[grahamwales] 06/8/2021 10:20

Andy

Its a holding RNS IMO hence why some are selling, indication is that we wont here anything now until end of year. Until we see some big money come in reckon market makers will continue to push it down on very little volume they are very good at it. Best hold your money until then.

[andysmi] 06/8/2021 10:16

Graham, you were damn right about the share price going lower after my buy! I’d say it’s a rather good rns today! At least no bad news at all! In for the long run anyway! Good luck to all and patience!!!

[grahamwales] 06/8/2021 10:07

roughly £1,000 pound sell difference and b=nearly 6% down lol. Good old market makers.

[grahamwales] 06/8/2021 10:06

Getting a few bottom feeders on LSE now who have never posted before. Same as usual lol. Not sure who is worse LC or the scum that feed on fear.

[grahamwales] 06/8/2021 09:41

Try again

Also talking of new funding for projects at end of interview.



[...]

Not happening if interested search for Nomad recapping Q2.

[grahamwales] 06/8/2021 09:39

Tony

Think its odds on we will have placing. If its with a Blyvoor funding agreement then should be a lot higher if not a lot lower imo. We need Blyvoor to happen otherwise as I have said Haneti will not be drilled.

Nomad talking about Blyvoor.

[...]

[tonytony4] 06/8/2021 09:22

Question is will he pull this off before a placing or after! It's just dragging on and on.

[lurker5] 06/8/2021 09:13

Seems a harsh reaction (on very small volume) to what is the reality of investing in Africa. And its understandable that lenders will take time to ponder, and Kat will wait until all have done so. The big unknown has always been the structure of the funding which is bound to cut in to the 'NPV's that LC used to bandy around. Even so, this looks seriously oversold now. (And PS Nomads have no role whatsoever in 'running' a company)

[grahamwales] 06/8/2021 07:57

Doesn't make sense.

1. Investor and lender negotiations advanced at pace following the announcement of 04 May 2021, with several parties submitting initial funding offers / proposals that were within the broad funding requirements and expectations of the Company.

2. Some of the potential funders have subsequently indicated that they are satisfied that the latest events in South Africa did not have any adverse impact on their existing risk rating, and negotiations / discussions with these potential funders have since resumed.

If they were happy initially and are happy now why the need for further negotiations that could go on for 4 months.

[grahamwales] 06/8/2021 07:34

The only positive I get from that is Haneti licence must have been renewed, but yet again the clown hasn't actually said it. He is the complete idiot.

[supercity] 06/8/2021 07:19

Seems like the 'funding partner' they want is still unsure.Don't get sucked in here in what looks like any kind of funding will also result in some kind of funding raise

[plentymorefish] 06/8/2021 07:07

For a guy who uses the phrase, 'moving at pace' an awful lot in his RNS' on all the companies where he's involved, he never really seems to achieve anything......excuses and bad luck seem to be the order of the day with LC!.....

[grahamwales] 05/8/2021 13:55

Tony

Probably best to wait until we here something from the clown imo

[tonytony4] 05/8/2021 11:02

At this level one is tempted to average down! But then it could go lower I just hope LC can deliver something... Surely a change is required as he has not delivered anything. Will need to keep my powder dry!

[lurker5] 04/8/2021 20:06

Make that 2010-2021