Katoro Gold Share Discussion Threads

[saw89] 10/2/2020 09:43

KAT up 70%. KIBO own half of KAT. Load up and wait guys

[basem1] 10/2/2020 09:21

Not even on people's radar this one No bb comments at all Wait until the herd arrive

[smackeraim] 10/2/2020 09:05

Do the numbers. The Gold tailings are just sitting there waiting to process. And this is not some random piece of land.. it’s an actual old mine with infrastructure etc. Fast route to revenue!

Here’s the JV partner:

[philjeans] 10/2/2020 09:00

Louis Coetzee, Executive Chairman of Katoro, said: "I am pleased to confirm that we are now underway with the JV and the start of what Katoro are aiming to be a highly exciting journey into near term gold production.
"I would encourage shareholders and investors generally to read the announcement of 30 January 2020, which provides full details on this significant gold production opportunity for the Company, the transactional terms around this together with the key risk factors.
"This is a substantial opportunity for Katoro. The size and scale of the project means we have lots of work to do and I look forward to keeping shareholders updated on our progress."

[basem1] 10/2/2020 08:58

Absolute no brainer at this price

[philjeans] 10/2/2020 08:54

So KAT has a huge pile of gold mine tailings, with a guaranteed quantity of gold inside and now Blyvoor's expertise and money to extract it.

Bargain all the way to 10p.

[smackeraim] 09/2/2020 17:29

dp you are actually more annoying than the spam mate

[dplewis1] 09/2/2020 15:22

Ahh you went with tradertim.. a truly vintage choice from the archives.

[dplewis1] 09/2/2020 08:47

Well that's 2 accounts you've posted with on here - why not go for the hattrick? Maybe go with Spurslegend11 we've not seen that one in a few days..moron.

[philjeans] 07/2/2020 13:05

Yes - clearly overlooked!

Potentially a BILLION £ asset currently valued at just £3M

Bonkers.

BUY for me

[smackeraim] 07/2/2020 11:47

People have missed it lol

[jev1] 07/2/2020 11:41

In £'s translation, what's that worth ?


They have 1.34 Million Oz of Gold already mined.



35,000 oz per annum is £ 42 Million per annum.



That's a £ 1.6 Billion asset.

[smackeraim] 07/2/2020 10:46

Katoro has entered into a binding conditional agreement to form a 50/50 unincorporated joint venture (JV) with Blyvoor Gold Operations and its holding company, Target Mine Consulting.

The JV partners plan to exploit potentially viable deposits of gold and any other minerals from six gold tailings dams owned by Blyvoor in South Africa, which contain a JORC code compliant resource of, in aggregate, 1.34 Moz of gold at an average grade of 0.30g/t gold.

Mining licence and environmental impact assessment

The project already has in place the requisite mining licence and environmental impact assessment (EIA) for the reprocessing of the tailings, allowing production to commence immediately upon commissioning of the processing plant.

Subject to funding, the JV partners are targeting initial production of up to 250 000 tpm of material from the tailings as part of a production ramp-up to achieve production of 500 000 tpm within two years.

At 500 000 tpm, the project is targeted to produce approximately 35 000 ozpa of gold and to have a 35-year life of mine.

Feasibility studies and testwork

The project will seek to use proven mining and processing technologies, whereby the JV partners believe recoveries of 56% to 60% are achievable, based on feasibility studies and test work completed to date by Minxcon, with additional confirmatory test work planned to optimise the financial projections and conceptual designs for the processing plant.

[smackeraim] 07/2/2020 10:10

Looks ready

[smackeraim] 05/2/2020 11:15

Been rogered before have we jammy? This is coming from the guy who said Akers was selling Dev yesterday. Currently up 25 percent lol brain fart

[iamgreat1] 05/2/2020 10:25

Never trust Coetzee

[noirua] 04/2/2020 14:36

David Steinepreise is a Director of Norseman Gold PLC ( formerly NGL and ASX:NGX ). Norseman are in the process of completing a reorganisation which may hail a return to the ASX and maybe AIM. It is likely Steinepreise wants to establish a stronger position in Norseman together with their Chairman's Tulla Resources Limited and is selling down investments elsewhere,

[uknighted] 04/2/2020 13:31

Holdings RNS. 3.5% sold yesterday.

[iamgreat1] 04/2/2020 08:49

H dear investor