Keras Resources Share Discussion Threads

[andylee3] 27/3/2017 14:44

FYI.....Invested call presentation.....

www.kerasplc.com/documents/KerasConfCallPresentation22.03.17new.pdf

[4sta] 22/3/2017 17:39

Think you need to spend more time trying to understand the deal dewolf. Personally I think he's played a blinder.

[dewolf] 22/3/2017 17:09

last thing you need is dave reeves getting more projects into KRS, its been calamity after calamity.
KRS was doing fine with the gold assets, leave it be. no, this weird structure
its like buying back what we sold.
badly structured deal, but should come good eventually.

[edgein] 22/3/2017 16:47

Interesting conference call. So folks any guesses on the new project hinted at for PLC?



The mining industry of Togo is centred mainly around the extraction of phosphate, ranking it 19th in world production. Other minerals extracted are diamond, gold, and limestone. More minerals identified but yet to be brought into production mode are manganese, bauxite, gypsum, iron ore, marble, rutile, and zinc.

I'll stick my toe out and say iron ore in Togo, certainly would be useful for phase II and the production of ferromanganese. Also sounds as if Dave is now looking at a small scale early production start up for Nayega perhaps targeting less to begin with that the 250,000t pa phase I. Perhaps even Bauxite, whatever it is sounds like its close to Togo and ties in with the manganese.

Regards,
Ed.

[rec0very stock] 22/3/2017 16:22

Just bought 1M at 0.389. Hopefully everything will finally come together.

[tcrober1] 22/3/2017 15:12

Link now appears to be working

[4sta] 22/3/2017 14:29

Can't get the link to work either. Don't know what time differential it is but maybe we'll have to wait until tomorrow now before they remedy the situation.

[edgein] 22/3/2017 14:11

missed the conference call earlier and like RS cannot get the link to work. the Voxmarket interview is very interesting though. Not only with the upside to Klond, thought it was a 7.5km strike rather than 15km! But also for Togo, more hints at it coming back to life again.

Regards,
Ed.

[rec0very stock] 22/3/2017 13:07

The link to the call on the website does not seem to be working

[andylee3] 22/3/2017 13:06

No, you're not wrong 4STA, and after listening to this mornings conference call, I'm amazed not more people are investing. Seems a no brainier to me.
Mind you, we are talking about AIM here...aren't we!

[aim_trader] 22/3/2017 10:51

Keras Resources CEO David Reeves will be presenting to investors at the Mining Capital Conference on 30th March in London. For details and registration, please click here

[4sta] 22/3/2017 09:51

Why on earth are people selling today? Do they still not understand the RNS? If this goes right ( and I don't see why it shouldn't ) it means our loan for buying Warrawoona will be cleared and we will still end up owning 60% of it and because he's doing an RTO the price can be set low so there's a real chance that people will be buying into it and could really go places. What's not to like? Am I reading this wrong?

[andylee3] 21/3/2017 16:07

Just in case you've not listened to the podcast, here's the link....

hxxps://www.voxmarkets.co.uk/blogs/739-keras-resources-krs-satellite-solutions-worldwide-sat-bos-global-holdings-bos/

A must listen!

[temmujin] 21/3/2017 15:35

looking at a possible 10 bagger here...dont be fooled by the MM dodgy tricks today

[4sta] 21/3/2017 15:34

Thanks Recovery Stock. Was getting muddled up with the Voxmarkets podcast. Think tomorrow should see a lot of blue once this is fully understood.

[snape] 21/3/2017 14:12

Worth listening to today's Voxmarkets podcast as explains performance shares and Rule 15 issue. Well I was re assured and so topped up.

[rec0very stock] 21/3/2017 13:40

4STA,

The call is not until tomorrow the link and phone number are in the RNS and a recording will be put up on the website.

I think the main problem is this is not what most were expecting. I was not expecting a shell to be used and for the transaction to be staged in the way it is. The main risk remains will Aussie investors support the placing. If they do then I like the transaction, if they don't then the transaction fails and there would be other options, though the loan would need to be extended again and it is not cheap. They have set low targets for the subsequent tranches and, whilst nothing is certain, there really should be no problem in meeting those targets, indeed I would expect them to be easily exceeded both in terms of the amount of gold and the timescales. People may have looked at the targets and thought that they represent realistic estimates and do not like how little gold and how long it would take.

As the deal is for a fixed number of shares we get upside on any price increase on ASX (the reverse is also true). I had hoped that there would be a mechanism where some cash came to KRS PLC from the ASX listing. This has not happened and it is therefore likely that more cash will need to be raised on AIM to keep going.

The statements made about Togo in both RNSs are encouraging as they are now talking about near term and not a back burner more of a distraction type words. There is still no telling when the licence may be finally signed and the Togo government has been promising it and not delivering for years.

This is still a high risk stock, however as long as the placing and relisting goes through there is a good buying opportunity based on this morning's market reaction and if Togo does come through as well then a significant re rating is very much on the cards.

[4sta] 21/3/2017 13:03

Is there a recording of the conference call? Anybody have a link please?

[paul the octopus] 21/3/2017 09:35

someone bailing out as per the 3,419,224 at 0.2p which later deleted as per the screenshot above

[4sta] 21/3/2017 09:23

So much confusion over this RNS this morning that I e-mailed Dave. His reply has reassured me (re) the AIM rule 15 and he has assured me that he is going to do the PR to ensure that everybody understands what a great deal this is for us.

[gautams] 21/3/2017 08:38

Had an exchange with Dave. We should consider the performance shares as certainties and should be factored in. As we get the next batch of shares post 500k ounces and then after pfs - if we are looking at a share price of 6c at that stage say - we have a holding of gbp £27m. Strange structure but very common in Aus as it keeps the structure tight at the start which helps share price but will ultimately deliver material value to us. We may also get an investor call to help us understand this.

[dropside] 21/3/2017 08:35

I don't think investors quite understand this deal, the fall today seems well over-done. You can now buy at .2925, as I did. Or maybe they are right and I am wrong?! I wouldn't be surprised to see an interview today with DR explaining the deal. This pharma company looks like a shell being used to facilitate the listing, and KRS retain a large share of the new entity based on achievement milestones.