Keras Resources Share Discussion Threads

[brewsters_millions] 19/4/2016 09:33

Got a feeling that there are the placing and warrant shares that still need to be offloaded before we head off.29th of April is when they will hit the markwt5

[tom111] 19/4/2016 09:30

yes happening again,need news to stimulate the sp

[113mike] 19/4/2016 08:18

Krs always strong first thing...then it goes limp! Lets see if it can keep hold of the early gains

[cpap man] 19/4/2016 08:13

KRS strong again this morning early doors

[ryan83] 18/4/2016 16:10

erm thanks for that RS

[novicetrade68] 18/4/2016 16:10

On the LSE thread, which is btw a really busy one with over a 100 posts/day, there was a link posted today with a Q&A with Dave following the placing.

Apparantly, it were the major shareholders of KRS urging DR to start developing the underground mines as soon as practical - so in that respect I hope the shares are in firm hands here.

[tom111] 18/4/2016 16:09

U can keep chl a total gamble

[tippow] 18/4/2016 16:05

Re coal stocks: CHL days highs. could be a GCM style riser this week

[sashimi] 18/4/2016 16:02

If we all knew to answer to that question :-)

[4sta] 18/4/2016 16:00

Think a lot of the placing shares have already been pre sold into any rise already.

[laptop15] 18/4/2016 15:58

Difficult to decide.....hhhmmm buy now or wait for 1p-1.20p?? What do u guys think?

[laptop15] 18/4/2016 15:56

Wanting to add more shares here but just wondering will the share price drop once this placing is done?? Or will it be rising due to the positive news of the RNS last week??

[cpap man] 18/4/2016 08:44

KRS moving very strongly again this morning.

Which direction i hear you ask?

Well the simple answer is NOT TOWARDS 1p!!!!

[danielmiller1] 17/4/2016 18:53

Do we ever know. No one thought FRX WOULD GO PHUUUUUTTTTTTTT,

I like Reeve's style but some of the board I would not give kennel room to.

[tom111] 17/4/2016 18:47

Nice write up DM,dont like the bit "sources tell me that a placing is being put together,I COULD BE WRONG" meaning u don't really know or if u do know sounds like inside information.However I get the impression you have a liking for the company generally.I think this company personally is worth holding gl.

[danielmiller1] 17/4/2016 18:10

TOM111.

I think there will be a placing.. I always tell it as it this is why I am so well liked on these BBs.

Make no bones about it Reeve will do wonders if he manages to pull yet another one off, placing that is. Meanwhile, most wannabes in mining keep coming and going. I keep coming back to this one mainly because of the Late Steve's solid interest. So it's in his memory that I keep looking in on progress, or indeed the lack of it.

But I do like this company although not overly enamoured by some of the board whom Dave would be best rid of. So I found a collect of comments which I rehashed into what follows: this company is to all intents and purposes a rare gem. A mining company listed on the London Alternative Investment Market in so far as they are actually now producing gold. The first small shipment of ore, from the Grants Patch tribute mining play, after processing, will generate approx. 12 Kilos of gold. This, as Reeves confirmed, should substantially increase over the next 12 months, the approximation of gold produced could be between 750-1000 kilos of gold. A tonne of gold would propel their share-price to what Reeves believes would be multiples of where it is today. But always bear in mind That I spoke to Dave by phone some years back on FRX......his enthusiasm for his WIP Has not deminished, so a little caution here is warranted.

The next parcel sent to the Paddington Mill is expected be bigger. *Tribute mining is a deal where you operate the asset on behalf of the owner. This has favourable advantages in terms of no exploration costs, existing leases, while the toll treating requires no development capital, only working capital.

All too often retail punters are lead down the proverbial RNS garden path, by companies that just keep promising jam tomorrow. AIM is littered with so called gold, copper, Iron, coal and rare earth mineral miners that have for years promised much but never delivered one single gram of production. The only thing these 'Lifestyle' companies mine is city of London brokerages. Perhaps this maybe not with so Keras Resources, but there again..............They are delivering and producing gold

The Long Range Business plan (LRBP) is to build a 20,30-40koz producer in Australia and bring on their African manganese and iron ore projects to full production.

Their manganese and iron ore projects in , Africa could, subject to permits, be up and running in a matter of 6-9 months. Funding from gold revenues should ease the financial pain. Manganese is a key ingredient in steel production. Revenues from successful projects could generate literally millions of double digit annual revenues of $18,000,000+ per year. All however is subject to finance being available. They have in my opinion kept these projects on the back burner so that they can focus on generating near term cash flow from their Western Australian gold assets. This strategy is a case of 'real politik'. Driving shareholder value by acquiring access to permitted projects with low capex and opex, with the potential for near-term cash flow is key to the strategy.

Hence why they're concentrating on their tribute mining deals.

TOM 111 the burning question on the next placing. I tell it like it is, regardless of who it effects. I don't take what CEO's say to me as the gospel. The Placing, and there will be one, is the only negative I can find in a sea of positives.

Sources are telling me that a placing is being put together. I could be wrong but looking at the way the share price has performed post Shard warrant exercise, it is a pointer of jiggery pokery. The exercise of warrants by Shard Capital last week was indicative of city brokerages 'cashing' in on the recent rises in value. I see this as nothing more than business on their part, but a warning to shareholders that a placing is on the way. (Caveat Emptor) Cash is low. Now we all know that AIM is an incubator for companies who will place at the drop of a hat. However the placing here is to grow the company and not to line the pockets of corporates.

It's a fly in your tea!

[tom111] 17/4/2016 11:42

With a clear road ahead with no placing worries and positive cash flow we look set for a bounce this week to at least the previous high,

[tom111] 15/4/2016 19:27

Of course lol

[danielmiller1] 15/4/2016 18:40

Nope far from it, but I too like to see a little light relief for share holders

[tom111] 15/4/2016 18:32

what a turn coat lol tTHE RECKLESS ONE

[danielmiller1] 15/4/2016 18:19

Really pleasing to see such a positive reaction to today's RNS notices let's trust the base line in now more solidly entrenched from now on.

Good luck to those keeping the faith.

[cpap man] 15/4/2016 17:45

LOL not the sort that you would want to be stuck in the corner of the pub with!