Keras Resources Share Discussion Threads

[oliversydney] 23/10/2020 10:22

This now looks a tempting buy with in the background the news recently announced by Tesla regarding manganese to be incorporated in their batteries and looks like the material of the future

[tradedesk1] 21/10/2020 17:13

Yep, negotiated to buy multiple times today and yesterday on fairly low volumes at the moment. Somethings definitely cleared or theres a large buy order being worked, its had a good churn since the placing too mind so any decent volume coming through now and this may move quickly towards 0.20s & beyond. The Mining/Resource sector seems to be at the foothills of a major bull run again. Lots of reratings taking place.

[zhockey] 21/10/2020 15:44

Whopping sell earlier and then a nice rise. Some iceberg cleared?

[tradedesk1] 19/10/2020 08:59

DR has been quite reserved in previous comms, he seems very upbeat about Togo all of a sudden with the limited exchanges I've had with him. RL is the main man in Togo. Fwiw DR is rating his chances as high in securing the permit per a reply I received on 16th October.

[zhockey] 19/10/2020 08:53

Interesting how this seems to be getting marked to the Mn price now.

[tradedesk1] 19/10/2020 08:35

Interesting that they are returning to Togo in early November so soon after the visit just gone. I'm encouraged by the comms I've had with the company. Lets see how this period plays out.

[rec0very stock] 16/10/2020 23:25

I went to the GM that approved the share issue.

[zhockey] 14/10/2020 22:31

RS interesting but how have you deduced the fact the founder is good at marketing and now anything more than a silent partner.

[rec0very stock] 14/10/2020 18:13

zh, That is the key risk. The demand seems to be there and it is growing. Product quality also seems to be there. The founder knew SFA about mining or how to fund it (that's where Russell and Dave stepped in) but he does know how to market the stuff and he is a local. So yes I am very optimistic, but there are no certainties in this game.

[zhockey] 14/10/2020 07:58

RS Are you optimistic they’ll be able to ramp up sales in Utah?

[rec0very stock] 13/10/2020 18:44

As I surmised the meeting with ex-ministers was a waste of time, but it looks like lower level stuff was productive. Going back in Nov, so hopefully we will finally get the permit before Christmas. Everything going to plan in Utah - the benefits of geographic diversity. Edge, I would not defend colonialism, however when the colonial powers took over Africa - there was not much that was not carved up by one European country or another, there was little in the way of proper administration and governance. It has taken Europe hundreds of years to get to where it is now, we should not expect to be able to walk away and everything to magically sort itself out under local rule. Togo is far from the worst place to do business and from the limited contact I had with Togolese in a previous job they do have the right intentions by and large. KRS has proved it can get the job done in terms of mining and logistics so I have no real concerns once the permit is finally signed.

[greatfull dead] 13/10/2020 14:54

TS, Me too on the long psychedelic jams, hurts the head! Two classics you mentioned Working mans Dead and American Beauty are two I just love. I also really like Franklin's Tower. A lot of folk have no idea what its about. I do admit its tends to be repetitive though. Roll on November. ATB, GD

[the skipper] 13/10/2020 13:28

I saw them at the Alexandra Palace in 1974, where if my ailing memory serves me correctly they played a five hour set. I was never a fan of the longer psychedelic jams but the country blues on American Beauty and Workingman’s Dead still really gets to me. I agree wholeheartedly with your sentiment about the third world and I think KRS will still get their just rewards for playing this with a straight bat. Today’s trades suggest that some traders have left the room for now, but I’m sure they will be back for more as we get into November. ATB, TS

[justtrying1] 13/10/2020 13:22

Krs Ahh the rampers plan didnt work todayPmsl

[greatfull dead] 13/10/2020 11:29

TS, Yes in my youth and twenties a deadhead, I consider myself lucky to have seen them live at the Lyceum in London. I agree "We can be assured that a consequence of these reforms is that is not going to happen here and nothing should come back to bite investors once the approvals have been issued." Its about time all third world countries were treated with the respect they deserve and are paid a fair price for their natural resources based on world demand. KRS will do well. ATB, GD

[edgein] 13/10/2020 11:00

Skipper, Agreed as these transition through from Phase I and Phase II production to eventual manganese sulphate production they'll become more and more attractive to income investors. The process has already started at DC with the ordering of that new plant, hopefully Nayega is next on the cards. We'll find out after the November trip no doubt. Regards, Ed.

[the skipper] 13/10/2020 09:58

Thanks Edgein. I think it’s fair to say that many third world countries have had their natural resources raped as a consequence of corruption between officials/politicians and mining companies. We can be assured that a consequence of these reforms is that is not going to happen here and nothing should come back to bite investors once the approvals have been issued. That should in due course make the company far more attractive to HNW and institutional investors.

[the skipper] 13/10/2020 09:17

Thanks GD. I’m a fellow deadhead, and it’s a shame they never achieved the recognition in the UK that they achieved in the USA. On the issues raised by RS this article demonstrates that Togo is quietly moving away from being a banana republic to a jurisdiction where investors have more protection through the commercial courts and recourse to arbitration: hTTps://www.togofirst.com/en/reforms-relative-to-enforcing-contracts I found that to be very reassuring and I hope others do too.

[greatfull dead] 13/10/2020 08:26

TS, thank you for your post which to a degree falls in line with today's RNS re Togo. ATB GD

[zhockey] 13/10/2020 08:09

Nice update, a bit more detail on the specific progress would have been nice but great they have a follow-up trip planned.

[edgein] 13/10/2020 07:54

RS, Very good post. Strangely enough I watched a video that said the very same thing the other night. A lot of the post-colonial countries have went backwards rather than forwards, letting infrastructure degrade and systems put in place to run efficiently just fade away. But as a glass half full type chap I believe that Togo will get there sooner rather than later. Lets see what can be achieved in early November with the next management visit to Togo. Its not to test the plant to see that its production ready, they did that in September, hopefully get it over the line soon. Regards, Ed.