Katoro Gold Share Discussion Threads

[yaki] 10/5/2024 13:44

why suddent flurry of buying? - smth happening?

[algernon2] 10/5/2024 13:24

Hah!
Interesting? Discuss.

[yaki] 03/5/2024 12:01

THREE months after this:
"...Appointment of strategic consultant, Paul Johnson, former CEO of Power Metal Resources plc and Metal Tiger plc, to assist the Board with a reinvigoration of the business model, business operations, strategic direction and enhanced communications with investors."

and

800k+ raised

result:

Share price down by c50%!!!!

Being worse than Coetzee is quite an achievement and PJ and co seem to be excelling at it!

[yaki] 25/4/2024 09:20

"...will give Paul and Sean 10 out of 10 for keeping the name of the new CEO under wraps"

ha ha, nice one. Probably quite easy to do if have no one lined up.

You would expect that the captain of the ship gets in steering it from day 1, rather than months later

[theshareguru2] 25/4/2024 07:37

We are now near the end of April and still no news whatever they are planning is being kept under wraps they have plenty of choice Paul and Sean will be plotting a nice earner which will all being well take katoro near to the price needed to trigger a letter requesting extra cash.i will give Paul and Sean 10 out of 10 for keeping the name of the new CEO under wraps.gla

[dpr1881] 24/4/2024 09:44

@Lurker I suspect rather than prending they are revieweing the Haneti project drill results in some detail and working on other plans which take some time to formulate which are too early to be announced, time will tell.

On a positive note Louis Coetzee is due to retire by rotation at the upcoming AGM, my money is on him not seeking re-election, that news by itself should have a positive impact on the share price.

[lurker5] 17/4/2024 08:38

Or maybe I should have said 'pretending'

[lurker5] 17/4/2024 08:35

So there you have it ! - again ! - No plan. Just hoping something will turn up.

[yaki] 17/4/2024 07:12

Yes, pretty lame update

As I said, it takes quite a lot to be worse than the worst director on AIm - Louis Coetzee

And Paul Johnson and gang seem to be up for the job. In Louis days, share price went from 0.08p to 0.15p. Paul J days - 0.15 to 0.08

[yaki] 17/4/2024 07:11

gw

who do you mean - SW?


grahamwales 17 Apr '24 - 07:17 - 3714 of 3714

Looks like new CEO is trying to screw every last penny out of private shareholders. KAT has nothing and should be delisted.

Guy has already screwed POW investors.

[grahamwales] 17/4/2024 06:17

Looks like new CEO is trying to screw every last penny out of private shareholders. KAT has nothing and should be delisted.

Guy has already screwed POW investors.

[algernon2] 12/4/2024 16:27

Thank you.

[onedayrodders] 12/4/2024 09:23

I wish you all the best

[algernon2] 08/4/2024 12:20

Yes indeed ,not many would disagree with that Rodders. But the "snouts in the trough fest" is all but over hopefully. The Phoenix may now arise from the ashes even if the bird is a tad arthritic as it first climbs out of the fire. Excelsior.

[onedayrodders] 08/4/2024 11:43

Blyvoor Project - South Africa July 2020

Louis Coetzee Executive Chairman of Katoro Gold plc commented: "We were pleased to see the level of interest shown in the Blyvoor gold project, with the number of potential finance partners exceeding expectations. We have therefore spent much of June reviewing the parties and focusing on identifying a select shortlist from which we believe we can secure the best possible funding solution for the Project. This is an intensive, but highly exciting point in the Company's development and we are looking forward to providing further updates to the market as we continue to progress towards first gold production from the Blyvoor tailings facilities."


Blyvoor Project - South Africa March 2024

"Following review of the Blyvoor Project, and given the new direction of Katoro and the need to focus on a clear pathway to high value business activities, the Company has decided to cease any further investment in this project with immediate effect."



"Some" would say a classic AIM confetti lifestyle placing Company that keep wages going at the expense of gullible retail investors from one dream to another indefinitely.

[algernon2] 08/4/2024 11:14

Yaki, if it all goes belly up which I don't think it will I will treat you to an apology and a "reasonably priced" bottle of red wine of your choice.
Keep this as a reminder and you can cash it in after a year from this date if you so choose. Good luck all of us. I will still (hopefully) be around. Algernon.

[yaki] 08/4/2024 06:12

previous Chairman is responsible for a lot but not since Feb. Paul Johnson and gang took over then and for last 2 months delivered f'all. Apart form 850k placing and 30% decline in sp


algernon 25 Apr '24 - 10:47 - 3707 of 3707

Plans are afoot Yaki. Be patient. The previous CEO is alone responsible for the continued fall in the S.P. not PJ and gang.
And before you ask: No I don't know the exact plans they have for KAT; I just know Paul Johnson always has them and he is incapable of surviving without having or dreaming up cunning plans (Like Baldrick).
Keep the faith. Algernon.

[algernon2] 05/4/2024 09:47

Plans are afoot Yaki. Be patient. The previous CEO is alone responsible for the continued fall in the S.P. not PJ and gang.
And before you ask: No I don't know the exact plans they have for KAT; I just know Paul Johnson always has them and he is incapable of surviving without having or dreaming up cunning plans (Like Baldrick).
Keep the faith. Algernon.

[yaki] 04/4/2024 09:38

This is really really bad. Where is the new CEO, what is going on. The share price is less than under Coetzee and below placing price.

Paul Johnson and gang haven't delivered anything yet, apart from taking the share price 30% or so down!

[theshareguru2] 03/4/2024 19:01

The next 10 days we should be told new CEO and which direction katoro is going,hopefully a good direction !!!

[yaki] 27/3/2024 08:23

This is unbelievable. The new guys managed to drive the price even lower than what Coetzee did. It must be quite rare to do worse than Louis Coetzee but looks like Paul Johnson and the POW gang are up for the challenge!

[theshareguru2] 22/3/2024 09:25

Dpr1881 further to your comments and share purchase by Mr g heddle,I think you could be right,and latest RNs where katoro are clearing the runway for I think a reverse job.all in all it's getting interesting gla

[theshareguru2] 20/3/2024 12:18

Can someone throw any light on who owns or has purchased roughly 700m shares at the two fundraising s of 750m and 75m, RNs have come out for around 120m , so far we have to unanswered questions the new CEO and who owns the majority of the fund raise.