Katoro Gold Share Discussion Threads

[grahamwales] 01/11/2020 15:03

Wonder if these are one of the parties interested in funding Blyvoor.


We estimate that the company is able to deploy approximately $100 million from cash and up to a $75 million revolving line of credit," noted Turnbull. Scotiabank estimates Nomad will have $25 million in cash at the end of this year.

[tonytony4] 30/10/2020 21:22

Just amazed this hasn't started to re-rate in anticipation of JV financing and Haneti nickel project, surely next week Investors will want to take positions.

[grahamwales] 30/10/2020 16:13

I see Graham Briggs old company expanding recently. Wonder how quick he can get things moving in Blyvoor once funding agreed. Should have it up and running within 12 to 15 months imo.

[grahamwales] 30/10/2020 12:47

I suppose at least its getting the shares turned over quicker. Will be topping up Monday.

[tonytony4] 30/10/2020 11:23

I agree need catch them out! I guess it's waiting patiently again.

[grahamwales] 29/10/2020 12:31

tony

Hopefully they will leave buying in after the funding announcement :-)

[grahamwales] 29/10/2020 12:31

tony

Hopefully they will leave buying in after the funding announcement :-)

[tonytony4] 29/10/2020 11:37

Graham could well be but with November next week surely people will want in now before news drops.

[grahamwales] 29/10/2020 11:31

Still think we have some placing shares getting sold.

[tonytony4] 29/10/2020 11:06

Graham it wouldn't surprise me if this was shorted I have seen this before.. maybe a case of low they can get this before going long.. I cannot not think of any other reason, hopefully all will be revealed.

[grahamwales] 29/10/2020 09:58

Once again we have a situation where shares bought outweigh shares sold. Surely no one can be shorting when an announcement could come anytime. Dangerous game to play imo

[grahamwales] 28/10/2020 14:28

The good thing is that the 2 projects are jv’s so there is possibly more of an incentive get them done. I see his role more of a overseer to get funding rather than organising drilling etc etc.

South Africa had major problems with COVID which now seem to be easing let’s see how the next couple of months pan out.

As regard to trusting the guy seems last week they trusted him this week they don’t so will they trust him again next week :-)

[tonytony4] 28/10/2020 13:47

Well at least you're honest in deramping! Anyway we still have month so why spout negativity now! Of course you may have hidden agenda...

[justtrying1] 28/10/2020 13:37

It was not an attempt by mmsPeople dnt trust this scallywag lc to deliver anything i wouldnt trust him to deliver the mailThere will be more delays due yo covid and there willNot be any deal done like he promisedThen we are on for 1pKibo should be delisted and closed

[tonytony4] 28/10/2020 13:19

If this is an attempt by the mms at rattling a few out, i will be holding untill news. Wish I had funds to pick a few up at these prices.

[hedgehog 100] 28/10/2020 13:05

Most share prices are down today, but battery metals shares are some of the exceptions.

Meanwhile, KAT's sister company KIBO is up over 10% today on an encouraging RNS.

[grahamwales] 28/10/2020 12:15

Panic across the markets. All sells today look like small traders. Just needs some news from recent drilling to reverse the drops.

Silence from company not helping would prefer an official announcement rather than a stupid tweet.

[tonytony4] 28/10/2020 11:35

Frustrating to see this drop with expected update. Why sell now!

[hedgehog 100] 27/10/2020 16:17

Thanks to Gloster on the LSE MILA board for flagging up the example of Pensana Rare Earths (PRE) a couple ofweeks ago.

At 72p, PRE has a market cap. of £146.23 million, and has multibagged from 20p in July.


Pensana Rare Earths PLC Admission to Trading on the London Stock Exchange 06/07/2020 7:00am UK Regulatory (RNS & others)

"Pensana Rare Earths Plc (" Pensana " or the " Company ") is pleased to announce that following the publication of its Prospectus on 1 July 2020, the Company's entire issued share capital will be admitted to the Official List of the FCA (standard segment) and to trading on the the London Stock Exchange's Main Market for listed securities. Trading in the Company's shares will commence on the LSE today at 08.00 am GMT under the ticker 'PRE'.

The Company is not raising any funds in connection with the admission and will have 188,274,665 ordinary shares of GBP0.001 each in issue. A copy of the Prospectus is available on the Company's website www.pensana.co.uk and the National Storage Mechanism hxxps://data.fca.org.uk/#/nsm/nationalstoragemechanism .

Paul Atherley, Chairman of Pensana Rare Earths, commented:

"The US$16 trillion post COVID stimulus programmes are transforming the renewable energy sector, supercharging the demand for critical rare earth magnet metals.

With no new rare earth mines in construction magnet metal prices are forecast to rise over the next few years.

With Angolan Presidential approval and financial backing from the Angola Sovereign Wealth Fund and various institutional investors, we are on track to bring online the first major rare-earth mine in over a decade to meet the growing demand for the metals critical to the green energy revolution.

Our listing in London provides UK investors with an opportunity to gain a direct exposure to the metals critical to the burgeoning EV and offshore wind sectors." "




Pensana Rare Earths (PRE):

[grahamwales] 27/10/2020 14:08

Nickel will be in demand over coming years.

[tonytony4] 27/10/2020 12:25

They want stock that's for sure!