Katoro Gold Share Discussion Threads

[tonytony4] 04/1/2021 13:47

Everything is all in place sentiments are high just need LC to seal the JV financing... Gla

[grahamwales] 04/1/2021 13:41

HZM also moving higher based on Nickel shortage. All this to come :-)

[grahamwales] 04/1/2021 13:40

Gold absolutely flying now, could see $2,000 by end of week.

[algernon2] 04/1/2021 12:41

Big q and a Webinar with Paul of Power Metal later on and there should be plenty of questions or info about Haneti.

So register or dial in and listen. Any questions for Paul re Louis and/or the progress of Haneti feel free to take part. 7pm Today.

When: Monday, January 4, 2021 · 07:00:00 PM · London
Duration: 1 hour 30 minutes
Language: English
Who can attend? Everyone
Webinar ID: 3506b7af38cf
Dial-in available? (listen only): Yes
Dial-in Number: 1 [phone]
Dial-in ID: 847695#
Dial-in Passcode: 9729#

[grahamwales] 04/1/2021 12:10

Listened to interview where he said it was a caretaker role lol

[uknighted] 04/1/2021 11:45

I think it was stated in a Q&A.

[grahamwales] 04/1/2021 11:28

UK

don’t suppose you got a link to those Kibo share payments.

[grahamwales] 04/1/2021 10:37

Will have to dig it out lol.

[uknighted] 04/1/2021 10:23

No but he is employed by kibo and would not be taking a pay cut whilst he was doing Kat work.

[grahamwales] 04/1/2021 09:46

How would that work as that would not directly pay LC

[uknighted] 04/1/2021 09:38

I recall it being said when Kat was floated that LC’s time spent doing Kat work would be settled by Kat shares being given to kibo.

[grahamwales] 04/1/2021 09:35

Thought his salary with KAT was £36k last year.

Doubt they will have the chair and CEO. My guess Graham Briggs will be CEO with one of Blyvoor Gold as Chair or other way around. LC may get on as non exec imo.

[uknighted] 04/1/2021 09:27

Obviously the CEO or Chair will be LC - ANOTHER £200k pa.

[grahamwales] 04/1/2021 08:36

Must only be two or three items left to tick on the list now.

Jv company listing.

Feasibility update.

Appointment of BOD for new company.

[tonytony4] 04/1/2021 08:30

It would be a perfect time to announce the JV financing! Come LC

[grahamwales] 04/1/2021 08:15

Gold price living up to its predictions so far. Good start to the new year.

[grahamwales] 02/1/2021 16:09

Hurry up and get this plant sorted.



Retail investors see gold prices pushing through $2,300 an ounce in 2021

[grahamwales] 01/1/2021 13:30

A study commissioned with a consultant expert in ultramafic geochemistry in 2015 identified the nickel, copper, platinum, palladium anomaly at Mihanza Hill as a drill ready target. This report suggested that the Itiso‐Haneti Ultramafic body may fit the Chonolith-Type Nickel exploration model, which would imply that the main ultramafic belt may have small discrete sulphide bodies associated with it.


Platinum and palladium to run higher as industrial demand picks up in 2021




Find platinum and some palladium wouldn’t hurt either.

[grahamwales] 01/1/2021 13:23

Gold price still predicted to go higher. Blyvoor will become even more attractive for investors in 2021.

COVID in South Africa is obviously slowing negotiations down, but with gold prices increasing year on year and the Blyvoor gold mine opening to improve security it should be a very profitable new year.

[uknighted] 31/12/2020 09:34

This is the article:

Katoro Gold (AIM:KAT) is exploring Blyvoor, a near term gold production opportunity in South Africa, and Haneti, a polymetallic prospect in Tanzania, with potential for nickel, PGMS minerals (platinum, palladium, rhodium and others), copper, gold, lithium and rare earth elements.

Blyvoor, located some 75km south west of Johannesburg, was one of the country’s most prolific gold producers during its peak years in the mid-20th century, with recovered grades averaging more than 14 g/t from 1937 to 2013. Katoro shares a 50/50 interest in the licence with its joint venture partner Blyvoor Gold Operations Pty Ltd. The partners plan to exploit potentially viable deposits of gold and any other minerals from six gold tailings dams, which contain an aggregate JORC Code compliant resource of 1.34Moz of Au at an average grade of 0.30g/t Au. Subject to funding, they are targeting initial production of up to 250,000 tonnes per month of material from the tailings, with the possibility of ramping-up production to 500,000 tonnes per month within two years.

Forecasts suggest Blyvoor may sustain a mine life of 25 years, building to a production capacity of 500,000 tonnes per month and 35,000 ounces of gold production per annum. Total production of 661,171 ounces of gold over 25 years would generate revenue of US$992m. The partners forecast total project capital costs of US$110m across the life of the project, with a peak funding requirement of US$36.4m.

Earlier this month preliminary resource update results from Blyvoor exceeded expectations, recording a 10pc update in the total resource and placing 62pc into the Measured and Indicated category. Some 90 to 94pc of the total diluted resource for TSF 6 and 7 is expected to be marked as a Potential Proven and Probable Reserve.

The polymetallic Haneti prospect, covering an area of approximately 5,000 km2 in central Tanzania, is a joint venture with Power Metal Resources, in which Katoro holds a 65pc interest. The partners have announced details of a planned initial drill programme to enhance their understanding of the project’s geological characteristics, and – possibly – identify the existence of nickel sulphides. Pre-drill rig mobilisation now underway, and a drill contractor has been confirmed.

With a share price that has hovered around 2.5p for most of the year, it’s worth keeping an eye on both of Katoro’s promising prospects, which we discussed in greater detail earlier this year.

[burtond1] 31/12/2020 09:19

14 Mining Companies to follow for 2021 (Part II)We continue our focus on companies to keep an eye on in 2021. After Part I, we now focus on the final seven companies to give you a few ideas heading into the New Year#JAN #KAT #KAV #LND #PALM #SHG #SREShttps://total-market-solutions.com/2020/12/14-mining-companies-to-follow-for-2021-part-ii/

[tonytony4] 30/12/2020 21:39

Placing shares will need to be churned, before we start to see any real share price movement.

[lurker5] 30/12/2020 20:43

You should all research what happened to African Eagle !

[grahamwales] 30/12/2020 20:22

With regards to Blyvoor they may possibly be waiting for the mine to reopen due to illegal miners. The place will have security once the mine opens and with more activity on site there is less chance of illegal miners running riot

[edgein] 30/12/2020 16:31

Graham,

You're a little upside down, you tend to get lower grades closer to surface as they can be more weathered and higher grades closer to a deeper source. Also I don't really count rock chips its drilling assays that count!

HZM is a good comparison or Boliden or some of those companies operating in Finland or Russia. We'll find out in due course if Haneti is of significant scale. We may then be able to compare to the even more interesting Ni producers. But first things first, lets see if they get some commercial looking intercepts.

Regards,
Ed.