Keras Resources Share Discussion Threads

[cyberbub] 02/5/2016 09:11

Is a £15M market cap not slightly toppy for a company which is still only producing a very small amount? I can appreciate that the target is much higher next year, but "a year is a long time in junior miners"...

[tom111] 29/4/2016 11:06

Im sure we have reached the bottom now the recovery seems to be picking up,1.50 would be the next target for me

[someuwin] 29/4/2016 10:53

Looks like placing shares have worked though.

Next leg up starting.

[novicetrade68] 29/4/2016 10:47

Looking perky today and gold now A$1670 which - if remaining at those levels - should give KRS a nice multiplier effect on their gold sales.

[edgein] 29/4/2016 09:14

Wow look at gold go, its been a very good year for gold so far. Those predicting a return to old highs at the start of the year might not be too far off at this rate. Up significantly so far this year and its only April.

Regards,
Ed.

[laptop15] 28/4/2016 22:36

Yes nocky i noticed noricum gold got tipped there recently in sharepickers i think! Could be worth investing in! I have it on my watchlist...noticed a good rise today!Think KRS has bottomed out now and charts look like its set to move higher and push 2p levels.

[nocky44] 28/4/2016 21:36

Copied from ARS forum, looks very similar set up to KRS dig it,load it, ship it, Q3 production, just an observation , thought I wud share GLA
Another quiet one here, stabilizing before moving higher I guess, given me time to look at other stocks, it was Hornblower who brought ARS to my attention and up to now its been my biggest success in 20 years of trading, I have taken a punt on Noricum Gold may be worth looking at if anyone want another ARS like stock they have 1 million tonnes copper and 6 million ounce of gold, production q3 this year, looks like a great buy at .22p , thanks again Hornblower

[nocky44] 28/4/2016 21:32

Another quiet one here, stabilizing before moving higher I guess, given me time to look at other stocks, it was Hornblower who brought ARS to my attention and up to now its been my biggest success in 20 years of trading, I have taken a punt on Noricum Gold may be worth looking at if anyone want another ARS like stock they have 1 million tonnes copper and 6 million ounce of gold, production q3 this year, looks like a great buy at .22p , thanks again Hornblower

[the count of monte_cristo] 28/4/2016 17:09

yeah gold doing well and the aussie gold price also

[tom111] 28/4/2016 16:22

gold heading up 1263

[nikhilraj] 28/4/2016 10:51

Through RNS

[tom111] 28/4/2016 10:43

picking up steam here nice rise today.Looks as if we are on the rebound

[tom111] 28/4/2016 10:24

how do you know only 5m hs been exercised nik

[nikhilraj] 28/4/2016 10:08

The investor presentation says it's 68 millions and I also asked the question to Dave he confirmed it. Also since then abt 5m has been exercised, hence 63m

[tom111] 28/4/2016 09:25

how do u know that nik

[nikhilraj] 28/4/2016 09:19

Around 63m warrants are still pending

[cpap man] 28/4/2016 09:17

Over hang gone?

[sashimi] 27/4/2016 19:49

Does anyone know how many out standing warrants the company has? Or where we can find reference to it?

[lamanai] 27/4/2016 16:06

Yes, when you add in the small amount today that bumped the holding to the 58M figure.

[sashimi] 27/4/2016 16:04

As of 12th April - Jim Nominees Limited 91,768,780 7.50%

As of 27th April - Jim Nominees Limited 58,823,696 4.37%

So yes they sold approx. 35m

[lamanai] 27/4/2016 15:44

It's probably nearer to 35M, some of which were warrants, but plenty all the same. Enough to make a difference in the short term.

The share price is getting close to the buy order that RS put in at 1p. I've bought a few more during the last few days, as I believe that there is lots to come, and I'd prefer to get the benefit of the next share price rise rather than take a big gamble on 1p and miss the opportunity.

GLA

[sashimi] 27/4/2016 15:36

Seems like 'Jim Nominees' has sold about 45 million shares lately. This explains the week SP

[danielmiller1] 27/4/2016 13:10

Not a bad assessment from Beaufort Securities still the share price managed to fall.


Company news

Keras Resources (KRS.L, 1.20p) – Speculative Buy
Keras Resources, the Australian gold mining company, announced yesterday that it has completed its second ore parcel haulage to the Paddington Mill from the Accord deposit, located within the Grants Patch Gold Tribute lease area in Western Australia. Approximately 17,000t grading 1.93g/t Au for an estimated 1,055oz of contained Au was hauled and will be processed under the agreement with Paddington Gold, a subsidiary of Norton Gold Fields. An estimated 1,427oz of contained gold has now been delivered with mining operations moving between the Accord and Anomaly 22 deposits. Once ore parcels are delivered (minimum 3,000t each), Paddington Gold has 42 days to pay for the agreed contained gold, as determined by truck weights and gold grades based on rigorous sample procedures at the processing plant.

Our view:Keras has, in less than a month, delivered some 1,427oz of contained gold from two deposits within the Grants Patch Gold Tribute lease area. This represents a significant milestone for the company as it continues to improve efficiencies and advance plans for the next open pits. We look forward to updates regarding the refurbishment of the high-grade Prince of Wales mine as well as confirmed go

[danielmiller1] 27/4/2016 12:26

Lololololololol it really is quite amazing that with all the experts here, the one they call the idiot is the only one call this right on the money.

Man am I glad to be the idiot with do called experts like you cruds around.