Katoro Gold Share Discussion Threads

[someuwin] 01/6/2020 08:47

Huge opportunity here - imo.

[tidy 2] 01/6/2020 07:47

So they have an interesting bidding war on their table with a huge 14 bidders involved. Let the offers flow.

[tidy 2] 01/6/2020 07:40

Sounds like it is in the bag. Ensuring they get the best deal with high demand from 14 interested parties for this project.

[onedayrodders] 01/6/2020 07:36

Those brave enough to take LC by his word deserve to be richly rewarded.I bailed in the end ... he looks and sounds like a dodgy second hand car salesman but seriously, best of luck to you

[tidy 2] 31/5/2020 22:11

hTTps://audioboom.com/posts/7595493-interview-with-louis-coetzee-on-the-funding-interest-in-blyvoor-gold-tailings-project

[blackbear] 31/5/2020 14:27

Interest should push this to 3p next week..

[pauliewonder] 29/5/2020 16:06

Just bought som, showing as a sell. Very interesting opportunity for the JV. Good luck all holders.

[onedayrodders] 29/5/2020 16:03

I think the past has finally caught up with LC judging by the poor response to this RNS.

People simply dont trust or believe him

[kemche] 29/5/2020 16:00

And no fundraising to worry about!!!!!!!

[kemche] 29/5/2020 15:59

More bidders will no doubt join during the weekend and next week!!!!!!!

[kemche] 29/5/2020 15:58

$17 billion in the ground!!!!! If they paid a mere 25% of that to us!!!!!
FTSE 100 stock in the making!!!!!

!!!!!!

[fund1] 29/5/2020 15:44

Hopefully.

[jasper51] 29/5/2020 15:00

14 bidders for this gold play so a perfect storm is expected. Very interesting times. GLA.

[fund1] 29/5/2020 14:40

Sorry shameless ramp from me. Shame on me shame on me!

[bob1995] 29/5/2020 14:31

The milkman also made an offer

[bob1995] 29/5/2020 14:09

14 expressionof interest from goat herders to car salesmen... LMFAO... What a con

[fund1] 29/5/2020 14:00

Should finish over 3p

[bean02] 29/5/2020 14:00

2.64 paid.

[tidy 2] 29/5/2020 13:55

Cap far too low here at 5m

[someuwin] 29/5/2020 13:38

No wonder they've already received 14 expressions of interest...

HIGHLIGHTS:

* The Study demonstrated an unlevered Project Net Present Value ('NPV5') of US$131million, a 25% Internal Rate of Return ('IRR') and a Return on Investment ('ROI') of 260%

* Mine life of 25 years building to a production capacity of 500,000 tons per month and 35,000 ounces of gold production per annum. Overall production of 661,171 ounces of gold over the 25 years, generating revenue of US$992m

* Low cost operation with an estimated All-in Sustaining Cost ('AISC') of US$727 per ounce of gold and an All-in Cost ('AIC') of US$920 per ounce of gold. Total Project capital costs of US$110m across the life of the Project, with peak funding requirement of US$36.4m

* The Study utilised a gold price of US$1,500 per ounce compared to the current price of c. US$1,700 per ounce

* Based on the current data available, Minxcon has estimated the potential Mineral Resource at the Project which is used in the Study to be 1,290,000 ounces of gold with 277,000 ounces in the Measured and Indicated categories and 1,013,000 ounces in the Inferred category

[bean02] 29/5/2020 13:36

Went to 3.9 on scoping study. 5.5 on JV. It's cheap!