Keras Resources Share Discussion Threads

[the skipper] 28/10/2020 13:21

Another article from official Togo website: hTTps://www.republicoftogo.com/Toutes-les-rubriques/In-English/Keras-Resources-reports-progress-in-Togo Not the sort of thing that a Government website would put out if they were about to pull the rug.

[tradedesk1] 27/10/2020 08:06

MINES Monday, October 26 2020 "The updating of the project for the exploitation of carbonated phosphates and the production of phosphate fertilizers is not the only priority project of the new government in the mining sector. The activities of exploration and exploitation of other mineral resources will also experience a new dynamism with this government in which the ministers are bound by contracts of objectives." hxxps://www.togofirst.com/fr/mines/2610-6580-togo-une-unite-de-production-d-engrais-phosphates-en-ligne-de-mire

[greatfull dead] 26/10/2020 16:10

TS, I can't see why all does not go to plan when RL visits Togo in early November to tie up some loose ends and attending a signing the ceremony on behalf of Keras Resources. Tradedesk1, Thanks for your informative post. ATB, GD

[the skipper] 26/10/2020 14:50

Very interesting Tradedesk1. We will be in early November next week and as per the recent RNS management should be back in Togo to tie up some loose ends with the Ministry of mining and hopefully be attending a signing ceremony. Time for a build up in the share price to begin...

[tradedesk1] 25/10/2020 18:40

Worth noting there is a Luc Adjanor loading up here, appearing on the shareholder register with 112,491,001 Keras shares equating to 2.31% in September of this year. Thats a big wedge of stock to take when you're close to an exploitation permit. A well connected individual in the metals space. His shareholding can be found on slide 4 of the Shard note 09th September 2020 hxxps://www.kerasplc.com/download/30/research-2020/12040/shard-capital-keras-9-9-2020-r.pdf His linkedin profile: hxxps://uk.linkedin.com/in/lucadjanor Luc Adjanor CEng MIMMM MBA - Mining and Metals Valuation Specialist Independent Consultant - Ecole centrale de Paris United Kingdom 424 connections 17 years combined experience with investments worth up to $3.3bn within Mining, Metals and Resource Industries dealing with Website link: hxxp://www.adjanorandassociates.com/

[oliversydney] 23/10/2020 09:22

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 16:13

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 14:44

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

[tradedesk1] 19/10/2020 07:59

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 07:53

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

[tradedesk1] 19/10/2020 07:35

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 22:25

I went to the GM that approved the share issue.

[zhockey] 14/10/2020 21:31

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 17:13

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 06:58

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

[rec0very stock] 13/10/2020 17:44

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 13:54

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 12:28

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 12:22

Krs Ahh the rampers plan didnt work todayPmsl

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

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 10:00

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 08:58

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.