Katoro Gold Share Discussion Threads

[richardjohn10] 11/8/2020 16:46

Nice little tick up there. Kibo having great day.

[tonytony4] 11/8/2020 14:28

MM's taking advantage of current gold price drop. hold and add if you can.

[inthemix] 10/8/2020 11:46

Finance deal an blast off.

[tonytony4] 10/8/2020 10:57

The jewel in the crown could well be Haneti!

[tonytony4] 10/8/2020 10:46

All looking good here. And yes let's not forget Haneti project

[hedgehog 100] 10/8/2020 10:44

The price of gold motoring to over $2,000/ounce greatly enhances the economics of KAT's Blyvoor gold tailings project.

Gold price:






And it could be a lot higher still going forward:

"Gold to push above $3K in 3-5 years: Fiat currency is a key bubble — hedge fund

Anna Golubova Anna Golubova
Thursday July 16, 2020 15:23

Gold prices could nearly double in just three to five years, according to one hedge fund manager, who sees gold as an anti-bubble in an environment fraught with asset bubbles and runaway inflation.

Ultra-accommodative monetary policies and unlimited money printing will catch up with the markets and gold will rise above $3,000 an ounce in the next three to five years, Diego Parrilla, who heads the $450 million Quadriga Igneo fund, told Bloomberg this week.

Parrilla’s fund, which has delivered a 47% return this year, is made up of cross-asset hedges.

“What you’re going to see in the next decade is this desperate effort, which is already very obvious, where banks and government just print money and borrow, and bail everyone out, whatever it takes, just to prevent the entire system from collapsing,” Parrilla told Bloomberg. “The bubbles are too big to fail and mommy and daddy will do whatever it takes to prevent this.” ... "




So a soaring gold price could help to KATapult KAT to much higher levels.

A gold price of $3,000/ounce could increase the margin of KAT's Blyvoor gold tailings project to $2,500/ounce.

At 17,500 oz p.a. that could give a gross profit of around $43.75M. p.a.

[someuwin] 10/8/2020 10:23

Remember that KAT has TWO main projects.

The huge gold tailings Joint Venture at Blyvoor.

PLUS, Nickel and PGM's at the Haneti project in Tanzania

"Previous work undertaken, totalling approximately US$1.5 million, has identified grades of up to 13.59% nickel with additional gold, cobalt, platinum values and some significant lithium anomalies."

➧ Indications that Haneti could host a chonolith type nickel sulphide deposit

➧ Synergies with Glencore/Barrick's Kabanga nickel sulphide deposit (~58 million tonnes @ 2.6% Ni) located, ~ 670 km to the northwest of Haneti.

[tonytony4] 10/8/2020 10:15

Or don't be left out! Derampers trying all they can.

[jayminpatel1] 10/8/2020 09:58

Dnt be suckered into this dog

[jayminpatel1] 10/8/2020 09:58

There will be further delays as usual lc is useless

[richardjohn10] 10/8/2020 09:24

This will increase weekly up to funding. Great to be in.

[fund1] 10/8/2020 09:24

Still a small market cap compared to some of the other gold stocks in this bull run

[qs99] 10/8/2020 09:09

Nice moves this morning

[tonytony4] 07/8/2020 15:20

Late reported 250k so mms filling buy order's in the background..

[fund1] 07/8/2020 14:48

About time we started moving

[tonytony4] 07/8/2020 14:40

Looking good here MMS filling buy order's imo as it gets more difficult to buy..

[qs99] 07/8/2020 14:29

wow, pictures are immense

[someuwin] 07/8/2020 14:25

These Blyvoor Project tailings are huge structures - must be visible from space!

"The JV team are pictured on top of TSF6 which is one of the largest tailings facilities in the project..."

[inthemix] 07/8/2020 14:14

SEA7Posts: 5,180Price: 2.20No Opinionlow valuationToday 18:29If we look at the blyvoor tailings only and ignore all else.Lets assume a 50% recovery - that is 650k oz - as it is a jv lets say 325k oz to KAT.Revenue over the life of the project is $650,000,000 at $2k an oz gold for kats share.say AISC are $1000 an oz (higher than kat quote) - that is $325,000,000meaning $325,000,000 net to kat over the life of the project. Say it runs for 25 years - that is $13m per year after costs to KAT.In sterling, that is £9.8m per year of cash after costs, at the current gold price and assuming a higher running cost and lower end recovery rate.Copied.the first four or so years, would be payback for the upfront costs - then it is only variable costs for consumables and parts to consider.Assuming a minimum return of c. £10m pa net to KAT, this should be trading nearer the 9p to 10p range, either now, or when that financing deal arrives. That in my view would reflect the current value of the project, as it stands today (Assuming no dilution to the shares - which there probably will be some as the project rolls on)

[inthemix] 07/8/2020 14:03

100% bagger with finance deal.

[qs99] 07/8/2020 14:01

Think the September financing deadline will be key for next material move. Up I hope!

Then I think it may tread water until first gold sold......

DYOR but at these levels, risk reward looks enticing and am on board this week as a result....

good weekends all

[cashandcard] 07/8/2020 10:04

uknighted,


Noted.



Cash

[uknighted] 07/8/2020 09:49

Dates and timelines are meaningless here.

[cashandcard] 07/8/2020 09:44

Any idea when they are going to move towards the announced drilling program at Haneti? RNS had no dates or timeline.


Cash