Keras Resources Share Discussion Threads

[greatfull dead] 09/3/2017 10:20

always,

My reference to SOLG was the massive rise from 2p or 3p sometime in Q3 2016 to 37.75p today. Look at the 5 year chart in this link -



KRS IMHO could well get to 20p+ in time. I am in here for the long term. I made some money on SOLG but sold to early.

ATB,
GD

Edited. Maybe 20p+ is way to high. Lets just say KRS will at least 10 bag!

[alwaysevolving] 07/3/2017 10:37

Hope your right GD but respectfully I don't think you can realistically compare KRS to SOLG with their monster in ground resources?

[greatfull dead] 06/3/2017 15:58

always,

Give it time. I hold here for the mid to long term.

ATB,
GD

Edited. Look what happened to SOLG. Fortunes were made there. They to will be here.

[alwaysevolving] 14/2/2017 12:16

Great RNS. With any luck this will finally see the sustained turnaround in share price

[mikeroot5] 14/2/2017 09:54

Overview of the RNS feat. in the Penny Stock Post this morning.

[greatfull dead] 14/2/2017 08:44

c m,

After the initial spike and retrace the share price is moving up all be it slowly. I am fully aware or financials and hopefully the BOD will get those sorted tout suite!

GLA,
GD

[greatfull dead] 14/2/2017 08:13

c m,

Excellent RNS. Things here can only get better.

ATB,
GD

[the count of monte_cristo] 14/2/2017 07:56

Positive news, to get to 1m oz plus would be good.

[edgein] 14/2/2017 07:47

GD,

That's the most important thing that you have a strong close family.

Well that's interesting, Copenhagen now starting to prove up on its strike too, just the start of the 6km strike there. Plenty of expo drilling gonna happen later this year. That 12000m will drill a lot of these shallow holes that's for sure. Interesting that they're targeting at 1m+ Oz. Could be quite a lively float in Oz when it happens as the company is confirming up more reserves open at depth and width. Nayega would be a game changer here for sure.

Regards,
Ed.

[the count of monte_cristo] 13/2/2017 12:34

Getting that license for Nayega, will be a game changer.

Creation of hundreds of local jobs and millions in taxes for the government.

[tcrober1] 13/2/2017 12:15

andylee3
Many thanks for taking time to post. Sounds encouraging.

[greatfull dead] 13/2/2017 11:37

andylee3,

Thank you for the post.

ATB,
GD

[edgein] 13/2/2017 10:50

GD,

Sorry to hear about that chap, a wise move to have the insurance. I was just jesting of course about getting life insurance to watch Rugby. :) Apparently a chap in his 60's did die watching the Norther Ireland vs Ukraine match in the euros.

Regards,
Ed.

[andylee3] 13/2/2017 10:41

Post on LSE from GMCC following a few questions asked of DR......

FYI : Did ask DR for clarification , DR to his credit very good , must get fed up being asked silly questions , extremely patient & accommodating , thought answers quite positive !
------------------
Q : Is the TOGO mining licence looking more positive to be awarded anytime soon ?

A : “The level of engagement with the government has increased dramatically since Christmas and I remain positive”

Q : Does saleable Mn product relate to the $4.00/ dmtu revenue price ?

A “ Yes”

Q : So if you multiply 250,000tpa X USD $ 152/t = USD $38M -£30.4m at current exchange rates - Is it too simplistic to think -that net profit margins from phase 1 might be approx. £15 M cash royalties /taxes etc ?

A : (4-1.93)*250000*.38*100= US19.6m pa for the project

That equates to £15.66m at current exchange rates ! Think though need to build up through phases to achieve that 250,000tpa @ 38% target !

Q - How do you get from “In -situ grade 13.59 % to Product grade 38.00 % mentioned in latest presentation please ? Are any additional beneficiation processing costs still to be included to achieve that 38%Mn ?

A - “this is done by screening and jigging and included in the FOB cost”

So looks like no extra costs for Manganese beneficiation -"*Equates to USD1.93/dmtu FOB assuming 38% Mn”

Q Lastly no mention of ASX listing in latest presentation- , take it 1Q non -starter now ?

A “more details very soon “

Good luck everyone

[greatfull dead] 11/2/2017 10:42

Ed,

I took out the insurance because 2 of my younger sisters died from cancer in the last 7 years. I was only due to that. Immediate financial protection for my wife she has the same insurance too. With funerals getting more expensive by the year I think I made a wise move there.

I have all sorts of insurance for peace of mind. My building and contents insurance saved me a small fortune 3 years ago.

ATB,
GD

[rec0very stock] 10/2/2017 16:58

They were keen to point out that there were no brown envelopes involved, to which my comment was that they did not have the cash to put in a brown envelope if one was needed.

Apparently there is a Spanish company potentially interested in an off take for the Mn, but that is entirely dependant on the licence so would not get too far ahead of ourselves on that.

[edgein] 10/2/2017 16:17

GD,

Ed jest, never! :) Of course tongue in cheek chap! Just a little. You're the first person I've ever heard of taking out funeral insurance to watch rugby! ;)

Novice,

Wouldn't surprise me at all, a lump of notes causes road blocks in Africa to disappear.

Regards,
Ed.

[greatfull dead] 10/2/2017 16:05

Ed,

Great post.

One thing do you really believe you will retire in 60 years? That is some statement and I think your jesting. After all we are only human.

I will be sitting on my new sofa watching the 6 Nations and no I am not a couch potato. Now booked in by the NHS for some physiotherapy starting in March. I have also funeral insurance in place just in case!

Have a great weekend, I will.
GD

Edited.

[novicetrade68] 10/2/2017 15:56

DR probably discovered the Togo license can be unblocked with a brown envelope ;-)

[edgein] 10/2/2017 15:34

Well GD, with the current manganese price of $4.00 per DMTU in Togo and previous estimated costs of $2/DMTU its a cash cow. That's something like $38m reves per annum from the mine (we've currently 85% or something like that). Free cash flow around half that and reserve that would only last about 40 years if they don't go hunting for that extra expo upside resource which could extend mine life to about 60 years. I dunno about you chap but old Ed plans to be retired 60 years from now. Nayega at today's prices is the company maker the company always promised. I hope they have shifted that road block and RS wasn't just teasing us.

Regards,
Ed.

[andylee3] 10/2/2017 15:30

Looks like it's helped the share price too.
Up 26% today!

[greatfull dead] 10/2/2017 15:27

RS,

Thank you for the feed back from the AGM.

Have a great weekend all,
GD