Katoro Gold Share Discussion Threads

[smackeraim] 28/4/2020 13:54

We should see some news over coming weeks on project level funding too. Debt and non dilutive as per every mention of it so far. Some people are crazy.We are on the cusp of one of the largest recessions the world has known, there is no way Im selling a Goldie that could be pulling 35,000 ounces of Gold p/a in a few years lol

[smackeraim] 28/4/2020 13:51

of course they need funding you lunatic

[someuwin] 28/4/2020 12:45

Very low risk. It's a tailings project. The gold is there.

[onedayrodders] 28/4/2020 12:30

agreed UK .. lets hope furtune favours the brave

[uknighted] 28/4/2020 11:52

ODR to put this in perspective, I do have a small holding here purely because of GB’s involvement but I would have been more reassured if GB had done the podcast rather than LC.
Fingers crossed and GLA.

Edit. It is obviously in kibo’s interest for this to do well due to the shareholding.

[onedayrodders] 28/4/2020 11:48

uknighted .. yes that is a concern but the JV angle, top project manager who surely would not lend his name to a disaster IMHO, plus the readymade tailings, permits and economics stack up for me on a risk / reward view.

No guarantees of course and thats why we are around 2p.

I appreciate the heads up on your past experience

[uknighted] 28/4/2020 11:32

someuwin and someulose! Unfortunately LC has a history of ramping projects but no history of delivering said projects. I speak as a long-standing Kibo shareholder.

[onedayrodders] 28/4/2020 11:26

Bit the bullet today and took a position... on balance I decided the JV and excellent project manager in place outweighed doubts on CEO. Have a feeling KAT were well aware of the need to add credability hence calibre of Graham Briggs.

ODR

[someuwin] 28/4/2020 11:25

"Once in a lifetime" project - wow.

[smackeraim] 28/4/2020 11:06

Thanks Costax. Glad to know it is on your radar. lol

[smackeraim] 28/4/2020 10:25

South Africa trying to get mining open again

[smackeraim] 28/4/2020 10:16

Yeah definitely. There is probably a bit of churn to get through from recent placing but after that, they are funded for the run up to JV

[someuwin] 28/4/2020 10:11

I have a feeling this one could explode with the right news.

[smackeraim] 28/4/2020 10:11

40/50p or pounds?? crikey high targets

[piter345] 27/4/2020 19:53

1) Blyvoor - start gold production and profits.
2) Cash from gold mine should be to allow for drilling on Haneti (require about 5 milion).
3) If will be discover big deposit price should be about 40-50 pounds or more per share.

This is likely scenario in my opinion and if company can to stop dilution should be fine. Market cap is currently very small.

[smackeraim] 27/4/2020 10:26

Yeah he has a rep to shake off lol .. but I like the fact Graham Briggs is managing the Jv. Still, caution needed but if the numbers stack up as we have been informed thus far, it is an interesting project

[onedayrodders] 27/4/2020 07:35

A few bitter retail investors on the other thread and probably justified so difficult to criticize them too much.

Before I caught up with their "KIBO experience" I watched a few video interviews when researching this stock and must admit on face value I didn't get a good vibe from this LC fellow. Just on face value for me there was something I didn't like.

That said the JV angle gives s 'some' reassurance and the financial model and resource look incredible. How can I put it ? well I wouldn't buy a used car from him on face value.

Still conflicted about investing given my first impression of LC and then hearing the 'KIBO' stories after.

Might take a smaller speculative position than I was first considering

ODR

[mostro] 26/4/2020 12:23

Will dip toe in with 500,000 shares on Monday!!!

[smackeraim] 25/4/2020 09:59

Freeing up our financial and managerial resources will allow the Company to concentrate on the Blyvoor Joint Venture project, which is focused on the reprocessing of an existing c.1.34 million ounces of gold JORC compliant tailings resource.https://www.miningreview.com/gold/katoro-disposes-imweru-to-lake-victoria-gold-for-us1-million/