Keras Resources Share Discussion Threads

[edgein] 14/11/2017 08:27

GD,

There'll be plenty more of these to come don't worry, only scratching the surface of these assets to date. That link you suggested makes an excellent read especially as it highlights the area that KRS/CAI owns and has an option to acquire. Those 20 pages make for some interesting reading.



Regards,
Ed.

[greatfull dead] 14/11/2017 08:07

Ed,

Looks like yesterdays ASX announcement and todays RNS has not yet sunk in. It will of course.

ATB,
GD

[greatfull dead] 14/11/2017 07:17

Well, where will the share price go from here?

IMHO the only way is up.



GLA,
GD

[andylee3] 13/11/2017 23:13

The 'Key words' section of the last post was courtesy of Mr Positive on the LSE BB

[greatfull dead] 13/11/2017 23:03

Higher share price tomorrow with RNS confirmation.

GLA,
GD

[novicetrade68] 13/11/2017 21:01

And there is a jump for a change.

[bumpa33] 13/11/2017 12:47

backwardation here currently - can buy at 375, sell at 380 (with Cannacord who've got a buy order to fill requiring a further 2.6m)

[escapetohome] 11/11/2017 13:35

Certainly that is something for seeing potential and sticking with the share for so long , resolute in your faith, unshaken.

You cant say that about many aim company managers that they can inspire shareholders to stick with it.

A tick up to you is due.

[rec0very stock] 11/11/2017 13:07

zhockey,

I have been a holder for a long time. I first bought when it looked like the Gabon Iron Ore project was going to be progressed by Anglo American.

Because the Mn licence has not been granted in Togo, the DFS has not been publicly released, so all we really have to go on are sound bites from the management. Provided these are accurate (Dave is a good guy, he has not had a lot of luck with these projects) then should the licence be granted there is significant value in the Mn project and it has the potential to deliver near term cash flow - something KRS desperately needs if the shares are to be taken seriously by the market. The gold all looks good and I feel on its own its value exceeds current KRS market cap. I still think CAI market cap on a fully diluted basis is a bit ahead of where it should really be.

The Ni/Co in Togo has no value at the moment and I would not want to see KRS wasting what little money they have progressing it until the Mn licence has been granted thereby demonstrating that the Togo Govt can and will grant mining permits as opposed to allowing companies to pour a load of money into exploration and then leaving them hanging when it comes to being able to make any of that investment back.

[zhockey] 11/11/2017 08:51

Thank you for the summary RS, last night I read through the boards from 2016 and it must have been a very difficult period for holders.

Do you assign any value to the Togo assets or are you focused on the gold?

[andylee3] 11/11/2017 08:35

RS, post recommended, I couldn't' have articulated it better myself.
I for one welcomed your posts as they brought balance to this BB and encouraged counter debate.
All companies have there positives and negatives and Keras is no different.
Investing is about weighing up those positives and negatives and making a judgement on whether, on balance, it's worth investing.
I currently hold 8.5 million of these and probably hold the record for the difference in my share price purchases, the highest being 3.2p back in early 2012 and 0.339 earlier this year.
Yes, Dave has made mistakes, however I've met the guy and looked into his past history and to be honest, when the going's got tough, I've held because of my faith in him.
Time will tell whether I made the right decision not selling.
I completely understand why a number of long term holders have flown the nest here and good luck to them, but again, I agree with RS that the patient here WILL be rewarded.
I've never sold any in the past nearly six years that I've been in FRX/KRS and certainly have no intention of selling now.
I believe now is the most exciting time to be in KRS/CAI and that Togo will eventually materialise (don't hold your breath though).
RS, welcome back to the BB and keep posting, I for one found your posts very informative and they encouraged healthy debate, which is a good thing.

[zhockey] 10/11/2017 08:28

Yes Ed, and with the Togo assets priced at zero this is an exciting stock.

[edgein] 10/11/2017 07:55

Zhockey,

I wouldn't argue with that, certainly if they keep going the way they've been going and confirm the entire strike length then its likely into the multi M oz area. More of those 30g+ intersects will help that's for sure.

Regards,
Ed.

[greatfull dead] 10/11/2017 07:45

Ed,

Thank you for putting all here straight on the current reserves issue for the Pilabra assets.

ATB,
GD

[zhockey] 09/11/2017 09:29

I think the strike is now 15km isn't it? With the high grade satellites I would be hopeful they could get up to 4M oz.

[edgein] 09/11/2017 08:54

Zhockey,

The company hasn't as yet released those numbers and there's now a vast area to explore as well as develop. We're fast approaching and likely to pass the 500k Oz target very soon. They're getting good/high grades in every hole reported to date, some open at EOH suggesting further deeper gold too. I reckon Dave's first target from the infill drilling on Klond will be 1M oz. This is a huge high grade area that Dave picked up for us, the Novo addition is great to have too as it adds quite a % increase to our expo areas. If they keep going the way they're currently going this could easily end up with multi-million Oz. The hole we have with over 1 Oz/tn won't be the last of those imo.

Regards,
Ed.

[greatfull dead] 09/11/2017 08:34

zhockey,

I can not answerer your question, sorry. Others may be able to give you a guestimate though!

ATB,
GD

[andylee3] 09/11/2017 08:10

Another Novo/Calidus news release...

www.novoresources.com/news-media/news/display/index.php?content_id=284