Katoro Gold Share Discussion Threads

[grahamwales] 16/10/2020 17:04

Hedgehog.

Best way to buy shares imo. Do your research then invest :-)

[hedgehog 100] 16/10/2020 16:36

Graham,

Thanks for all your great research.

The Blyvoor resource update and upgrade, due by the end of October, should give KAT good boost ahead of the other coming news.


30/09/2020 10:10 UKREG Katoro Gold PLC Blyvoor Gold Tailings Project Funding Update
" ... The first milestone to be completed is the Resource update and upgrade currently underway (See RNS of 03 September 2020). The Resource update and upgrade will deliver an updated Resource and Reserve statement, as well as a SAMVAL valuation report for the Project, expected by the end of October. ..."

[tonytony4] 16/10/2020 16:01

Happy to hold and add.

[grahamwales] 16/10/2020 15:54

Tony

Still quiet here. Not expecting too much until they announce drilling, then if they find what we hope then we will see it move big time.

Added today and will add at end of month.

GL

[tonytony4] 16/10/2020 14:58

Graham some excellent research. I think the the penny has finally dropped and kat will get attention it deserves.. gla

[grahamwales] 16/10/2020 14:50

Let’s not forget stainless steel as it’s the largest user (currently of Nickel)

Stainless MMI: U.S. stainless imports surge as surcharges move up again

[grahamwales] 16/10/2020 13:59

Impending Shortage Means Now Is the Time to Invest in Battery-Grade Nickel

[grahamwales] 16/10/2020 13:53

Electric vehicles Add to myFT
Electric car sales triple in race to meet Europe CO2 rules

Market share will hit 15% in 2021 as manufacturers move to cut emissions levels

[grahamwales] 16/10/2020 13:49

With EV becoming the vehicle of future won’t be long before Nickel price overtakes gold.

[tonytony4] 15/10/2020 16:34

Graham good find this all adds to Kat potential and when they come up with these drilling results.. exciting times ahead.

[grahamwales] 15/10/2020 15:38

In our central energy view, we expect to see the accumulative demand over the next few years is 250 per cent of that of the past 30 years,” Haegel said. “Nickel is a standout winner from a decarbonising world. It secures this position because no matter what metals (or combination of metals) are tested in lithium-ion battery cathodes, nickel produces the highest energy density of any.

The reason Nickel will become increasingly in demand.

[grahamwales] 15/10/2020 15:35

hxxps://www.prnewswire.co.uk/news-releases/developing-markets-heap-greater-importance-on-nickel-production-859380787.html

Nickel still in the news, BHP also upping production. Anglo American will no doubt be on the look out for new mining opportunities but will have to be large resources to get the investment.

[tonytony4] 15/10/2020 15:08

Agree.. look what 2% nickel sulphide recovery has done to other shares! 13% will really be something. I can see the being taken out by tier 1 mining companies.. anyway patience required.

[grahamwales] 15/10/2020 15:04

Don't think its pi's for the same reason were all waiting to see how much nickel they can find. Chairman also said this is a keeper in an interview. Those that took place in recent placing most likely pre sold to market makers hence no holding announcements.

If they can get anywhere near the 13% this will be possibly one of the biggest finds. Warrants at 3p will give them another £2 million in the pot to carry out extensive drilling throughout the rest of the site.

Tier 1 interest will follow imo.

[tonytony4] 15/10/2020 14:40

Not sure if it's placing shares or just pi's selling for other opportunities. Hopefully news soon.

[grahamwales] 15/10/2020 14:18

Think the placing shares are still being sold, the quicker we get news the quicker they will go. And once gone then it will move up. So do you wait until all gone or get in before news mmmmmm. No brainer really.

[tonytony4] 14/10/2020 14:34

Hope kat catches out those waiting for the end of the month to get in!

[grahamwales] 14/10/2020 10:57

Hopefully get some news on drilling commenced. Could be end of month though.

[algernon2] 13/10/2020 19:06

Yes indeed Hedgehog100 exciting times ahead and we brave spirits are in at the early stages.

[hedgehog 100] 13/10/2020 16:12

KAT is like a combination of hundred-baggers Greatland Gold (GGP) and Eurasia Mining (EUA) before they really took off.

A multi-billion dollar gold play like GGP:



And a potentially world class base metal & PGM play like EUA:

[hedgehog 100] 13/10/2020 14:03

Thanks Edgein.

From page 18:

"KATORO GOLD PLC"

"Overview
• Focused on building and advancing a portfolio of
battery metals assets up the development curve
towards production to capitalise on strong demand
fundamentals in the sector
• Evaluating multiple projects across Africa to rapidly
build portfolio
• Excellent relationships with governments & local
authorities
• Recently signed JV to develop gold tailings project in
South Africa (see next slide)
• Further details: www.katorogold.com"

[edgein] 13/10/2020 13:01

You fellas will find pages 18-19 interesting, sounds likely LC is looking to rapidly expand the asset portfolio for you chaps.



Regards,
Ed.

[grahamwales] 12/10/2020 22:18

Katoro’s board believes that the project enters economic territory at a $1,300 an ounce (“/oz”) gold price. As such, this figure has used this to calculate economic fundamentals.

Including an all-in-sustaining cost of just $664/oz for the first five years planned production and project capital costs of $30-35 million, the firm puts the project’s net present value (10) at $49 million and its internal rate of return at 31%.

To put this another way, at an annual production rate of 35,000 ounces of gold, the project would generate around $22.3 million per annum for the JV ( (35,000 X 1,300) – (35,000 X 664) ). Katoro’s 50% share of this comes in at $11.15 million (c.£8.6 million per annum), a figure that compares very favourable to its current, c.£6 million market cap.

This type of comparison begins to look even more favourable when you consider the fact that, in reality, gold prices currently sit much higher than $1,300/oz. If we use the $1,565/oz quoted by Katoro as the current gold price in its 30 January release, then Katoro’s annual take from the project at a 35,000-ounce per annum production rate comes in at $15.8 million, or c.£12.2 million per annum ( ( (35,000 X 1,565) – (35,000 X 664) ) /2 ).

With many expecting gold prices to continue rising after climbing 20% in the third quarter of 2019, there is room for these figures to become even more attractive.

Moreover, the project currently has a projected life of 33 years, demonstrating the long-term production and revenue generating potential.




Current gold price $1,923/oz = $22 million per annum net profit.

[grahamwales] 12/10/2020 17:14

This strategy allowed the Company to identify and engage with a select number of preferred funding providers with whom it is currently developing a final funding arrangement for the Project. All these parties have provided formal / firm expressions of interest, with certain milestones having now been agreed to guide a predetermined due diligence process towards a final funding agreement for the Project.