Keras Resources Share Discussion Threads

[pinecone] 12/6/2021 13:35

Thanks for the technical update…..look at the finished product rather than the finite details of how they get there! Only put it out, as news is currently,so slow ! PC

[meanreverter] 12/6/2021 11:47

pinecone : It's yet another recipe for stone soup. Yes, manganese is cheap; but the battery uses 1-butyl-1-methylpyrrolidinium tetrachloromanganate. I can't see a quote for this; but you can buy 1-butyl-1-methylpyrrolidinium tetrafluoroborate at £421 for 50 grams — and the tetrafluoroborate or tetrachloromanganate anion is only the cheap part of the molecule. In comparison, the purely inorganic vanadium salta used in the VRFB cost around £10—15 per kilogram. And that's before we get get started on issues of electrode degradation through multiple cycles of plating and dissolution of metal (in the VRFB, the metal stays in solution) and degradation of organic cations (absent in the VRFB) amid the electrochemical cycles. The authors correctly point out that vanadium is presently too dear for the VRFB to compete effectively with lithium batteries. However, the excess cost is not huge: at half the price — say £5 per kg of vanadium pentoxide — the VRFB becomes strongly competitive. That's why grid-scale batteries are a potentially great market for a low-cost vanadium producer.

[pinecone] 12/6/2021 07:32

Manganese Flow batteries! Early days, but another opportunity!….. who knows, but it’s out there for all to see! hxxps://www.pv-magazine.com/2021/06/11/investigating-all-manganese-flow-batteries/ I’ve been into flow batteries for some years now……230; just starting to make some traction! More details on the technology via Invinity Energy Storage (IES) ! Come on Togo…….you know it makes sense! PC

[searcher0] 11/6/2021 17:19

Marky, I suggest they seek a very clear roadmap from the Togolese of whats required to get it permitted and communicate that to shareholders, pin them down to a time frame. After 7yrs that shouldn't be too taxing, its well outside any normal time scales for a project to be permitted, if Russells trips have at all been productive then at the very least there should be some realisation of that already in the Togolese camp. If that fails than move to seek arbitration on the matter. 'One cash generative' the cash being generated is pitiful though. Diamond Creek is the wrong project imho and the markets uninspired by it, Shard have put 0.21 on it in years 4 and 5, long wait to double your money. When it was acquired the metals rally was just getting underway they missed a massive trick then by not picking up a Gold/Copper/Silver/Iron ore project. Perhaps they'll use the raise in January more wisely and acquire a more meaningful project or find a way to fast track and scale this one.

[markyess] 11/6/2021 16:54

searcher - what do you think / propose that they could do differently in Togo? 6bn shares in two projects (one cash generative, one potential game changer) has more value than 4bn shares in a bankrupt shell.

[searcher0] 11/6/2021 16:35

Andrew, determination perhaps but ability not so good. Multiple visits and yet Russell has failed to impress upon them. There has never been a clear explanation given to shareholders as to why the Togolese government refuses to permit the project despite meeting all precidents year after year. Delays in Africa are common place but some 7yrs on its troubling wouldn't you say. Anyway 6bn shares in issue and counting but yes what a fantastic job they are doing.

[andrewhbruce] 11/6/2021 09:01

Please don’t underestimate Russell’s determination and ability to succeed with the Togo operation, or indeed any other Keras venture. We are all extremely frustrated by the delays. Russell has I know been in Togo these last 2 weeks or so.

[searcher0] 11/6/2021 00:14

Marky, be honest with yourself if it wasn't for calidus saving your bacon you'd be crying into your cornflakes at the keras performance. I think its fairly self explanatory why theres every chance it could dip to around 0.06 to 0.08. Its already starting to flirt with 0.10 on thin trading volumes. Its not deramping, look at the current direction of travel, its not up. Its obvious where it goes if they continue communicating so inefficiently with prolonged periods of weak to no sales, no Togo and no new acquisition. They can still change course. I'm stating how I see it at the moment, your entitled to see it how you wish. All opinions maketh the market. Would be boring if we all agreed with one another.

[searcher0] 10/6/2021 23:54

RS, deramping? The company does a fairly good job at that all by itself. You don't have to agree with me on Diamond Creek, you might rate it and think the dilutions been worth it. You know my opinion on it I think its a woeful project, lacking in scale and market appeal. Tell me though how many times has Russell interviewed on any platform in the past 12 months to accentuate the positives of the company to the market? Theres skin in the game for sure but how much time does Dave actually give to the company? Why has Togo failed to get permitted? What does the Roadmap to permitting look like now? Sorry if the facts as I see them and the raising of certain questions don't suit your agenda.

[rec0very stock] 10/6/2021 19:28

Marky, Yes: "In addition to the interim report for the 6 months ended 31 March 2021, which will be published by 30 June 2021, the Company will publish a second interim report for the 6 months ending 30 September 2021, which will be published by 31 December 2021. The Company intends to publish audited accounts for the 15 months ending 31 December 2021 by the end of May 2022 or early June 2022 and these will be published by no later than 30 June 2022 in any event." Unfortunately our resident deramper, with his hidden agenda, never has anything new backed up by fact or coherent analysis to say. There is no point having a discussion with him as he just repeats the same old baseless guff. Everyone has a right to express their opinion, but that does not mean anyone has to take any notice of it so I just ignore it.

[markyess] 10/6/2021 13:02

Can you please explain the facts behind your premise that the company will move to a market capitalisation of ~£3.5m? It sounds like over emotive clap trap.

[searcher0] 10/6/2021 12:20

As I thought market shrugs of Diamond Creek as a nothing project. Share price flirting with 0.10 now. Only strong sales, Togo or a new project in a more mainsteam commodity will create value for shareholders. Otherwise a move lower around 0.06 awaits.

[markyess] 09/6/2021 19:55

Hi R_S, hope you're keeping well throughout the prolonged madness? I think we'll only see operational updates for Diamond Creek in half and full year results, barring anything exceptional. Aren't we due the publication of half year results by the end of this month? What we do know from prior RNS is positive, in the prior extraction season, we exceeded target by 50%, which sets a positive tone and we're reportedly on track for 2021 sales too. The added bonus now, that we can service our own sales orders rather than leveraging a third party processor.

[rec0very stock] 09/6/2021 19:29

So we have our news and it is not bad - ie not another delay to the plant. Would have been nice to have had an update on marketing and sales, but hopefully we will get that with the news that commissioning is complete.

[markyess] 03/6/2021 19:43

Agreed. It wouldn't be a good look, as much as I don't see having our own plant operational to be a significant value driver at this juncture, at least, not for as long as we have a third party agreement in place. Sales orders can be met. It'll help reduce production costs medium term, granted. Priority needs to be sales, sales and then sales.

[rec0very stock] 03/6/2021 19:22

Good to see CAI still nicely on track with the project and the share price finally recovering from the fund raisings. We are guaranteed news here this month, even if it is only to tell us plant commissioning has slipped to Q3 - I do hope not.

[zhockey] 02/6/2021 12:12

Just some folks losing patience and others building. That’s been the pattern for a while now.

[astubbs67602] 02/6/2021 11:45

Can't understand why this dropped 10% yesterday tbh unless there's tremors of news in the local area.....looks like back to original position today though!

[searcher0] 29/5/2021 21:52

Its a nice thought but unfortunately they've shown no desire to address that market.

[zhockey] 29/5/2021 09:20

Are they interested in fertiliser or batteries? NMC, LFP, see the connection?

[searcher0] 28/5/2021 15:03

I don't think I have and respectfully disagree with you. Diamond Creek doesn't even keep the lights on, the companys annual listing costs will exceed what this project will return for a number of years yet, quite how you think it offsets dilution in the medium term makes very little sense, also the project came at great dilution. As far as supporting the current mcap thats debatable i believe theres goodwill baked into the 7m valuation, if the project can't scale quick enough, togo or some other acquisition doesn't materialise to move the share price on from here then the longer it flirts with 0.11 theres every chance it slides. They got it very wrong with this phosphate project. It has not resonated with the market and Russell is clearly not ceo material. You want Dave to take charge here but all his time is dedicated to Calidus.

[searcher0] 28/5/2021 12:22

As for the phosphate project it really is abysmal selection when metals have been rocketing; Copper Gold Silver Palladium Nickel Iron Ore no not Keras they went for fertiliser lol and diluted the living daylights out of the company to acquire it! Russell does one interview and you never see him promote it again lol Yes Calidus was there solitary achievement in some 10 plus years listed. Dave the main driver behind that seems to have very little time now for Keras. Russell is proving to be rather useless and just not up to much. Without a decent project acquisition with the funds they raised a few months back or togo coming online i do unfortunately see this slipping lower as the phosphate project is so very insignificant unless they can add scale to it.