Keras Resources Share Discussion Threads

[laptop15] 08/4/2016 09:28

Haha cheers...will do :))

[113mike] 08/4/2016 09:27

Well, who would've thought it! Laptop15..you've not missed the boat after all..get in there!

[edgein] 08/4/2016 08:14

Excellent, first ore shipped, first revenues now due all ahead of schedule. Regular updates to come. With the margins on Ozzie gold and the AU/US exchange rate of approx 1.33 its a great time to announce first shipment. Approx AU$1640 per Oz.

Regards,
Ed.

[the count of monte_cristo] 08/4/2016 08:02

.."IF" the Nayega license was sorted what value "could" this add to the company? With this sorted and the gold coming in I would say a market cap in the region of 40-60m would seem likely???

No debt, cash generative, good management, further deals likely for gold projects, cash will mean that DR can start looking to grow the company, I would not put it past him to buy another asset or company within the next 6-12 months, should funds and the opportunity arise. Now is the time to pick up cheap assets in the resource sector.

[babbler] 08/4/2016 07:58

This is just first delivery. It's the start of bigger things. Ignore the value for now. It's only going to get better imo :). Proves the point in writing.

[the count of monte_cristo] 08/4/2016 07:58

I agree mike, work on being conservative, so 30%...my maths is terrible, how much would that be for KRS based on "around" 372 oz using the Aus$ pricing??

[113mike] 08/4/2016 07:39

say 25/30%? just saying..no real justification behind it..gut feel

[the count of monte_cristo] 08/4/2016 07:33

42 days to pay...containing "around" 372 oz of gold, at 1240 US$ an oz that's around 450,000 US$, minus...Paddington deducts its milling, hauling charges and a 22% royalty from this payment.

So what is the cut for KRS for this first delivery, any ideas? Obviously the POG is priced is Aussie dollars not US$

[someuwin] 08/4/2016 07:27

Excellent news - and ahead of schedule.

[alan@bj] 08/4/2016 07:23

Anyone got a feel for the haulage and milling costs?

[113mike] 08/4/2016 07:21

Laptop15... you now have your answer!..think you've missed the boat sorry to say.

[113mike] 08/4/2016 05:58

Who can tell!

[laptop15] 07/4/2016 22:33

Is this going to drop now with all the selling lads....I'm looking to buy in but it seems like i might gave missed the boat! What would be a good entry price to put an order in for??

[chimp999] 07/4/2016 16:33

Well that was a surprise/nonsurprise opportunity for more shares for me

Took another £10K worth @ 1.51pence :)

Cheers to the mm's for the usual inside information price drop before news

999

[tom111] 07/4/2016 15:59

yes sorry misread don't no exactly the right figure

[cpap man] 07/4/2016 15:58

Great....many thanks for the buying opportunity in KRS!

[novicetrade68] 07/4/2016 15:53

0.7% even....

[tom111] 07/4/2016 15:51

increase of share cap of 7% hence the 6% drop,no big deal

[tom111] 07/4/2016 15:51

increase of share cap of 7% hence the 6% drop,no big deal

[sashimi] 07/4/2016 15:49

just had an RNS issued re exercise of 17m warrants @0.5p