Keras Resources Share Discussion Threads

[allesandro] 07/10/2020 13:45

The twitter poster appears to be known for BS so i am disregarding any comments as pure speculation now.

[markyess] 07/10/2020 13:42

I think some known Twitter rampers are trying to engineer an impatient, early exit.

[allesandro] 07/10/2020 13:36

Tradedesk,Its from twitter so take it with a pinch of salt etc

[cabster] 07/10/2020 13:27

Not one section of that text is searchable on google

[markyess] 07/10/2020 13:26

A brand new poster, against a back drop of baseless ramping on Twitter.

Without a verifiable source, add this to the baseless ramping pile.

We will get our rise when it's due, when the permit is formally issued, and as we issue newsflow confirming production profits. Not a moment sooner.

Anyone looking for a quick (substanceless) spike to cash out on will be bitterly disappointed. Wait your time.

[snotham] 07/10/2020 12:57

Sounds far too good to be true.

[tradedesk1] 07/10/2020 12:56

Allesandro

7 Oct '20 - 12:06 - 1368 of 1371

Do you have a link to this article? Searched for it and can't find anything.

[zhockey] 07/10/2020 12:30

What was the source of that? Looks a bit too good to be true :)

[allesandro] 07/10/2020 12:23

If they get that permit granted though it will clearly be game on here.

[greatfull dead] 07/10/2020 12:15

Allesandro,

Thank you for the post. Fingers crossed KRS is one of the companies that the Togo PM chooses to get its permit approved so that it can fast track its Nayega projects.

ATB,
GD

[markyess] 06/10/2020 12:02

It's shameful. Fortunately Keras is tightly held and the BBs contain enough long termers to mitigate any ramp or deramp nonsense.

[markyess] 05/10/2020 15:45

I was using the old cost base of $2.60 DMTU - it's updated to $2.21 in the new Corporate Presentation. That's that solved.

[edgein] 05/10/2020 13:50

Mark,

I was using sales price of Mn at about $3.50/MT and costs of about $2.20/MTU. That's quite conservative when you check out the average price per MTU over the space of a year. What price do you use for Mn? Mn moves in cycles and again its at a low at the moment. I can't see it staying as low as $3.50/MTU throughout the next 12 months, especially with that recent news from Tesla and the fact that it spikes up regularly.

Regards,
Ed.

[markyess] 05/10/2020 13:19

Substantive numbers look okay, Ed, margin looks on the high side at current market prices.

I think the numbers that (I built) that are being freely banded around on Twitter do not take into account actual mineral content and so are over inflated, and are also pegged when Manganese was priced at around $4.50 DMTU

[edgein] 05/10/2020 12:22

Contained metal in the ground before further exploration of about $588m at a low of about $3.50/MTU. Something along those lines? Looks a bit company making to a £7m company + Utah of course, the dark horse.

Regards,
Ed.

[edgein] 05/10/2020 12:18

Mark,

Do your numbers now look a bit like this:

78,000tn pa at start up or about 7.8m Mtu. Contained metal of about 2.964m MTU with about $1.30 margin or about $4-5m at the low part of the Manganese cycle, plus Utah of course.

Then at full production of around 300k tn that's about 30m MTU of concentrate with contained metal of 11.4m at a current margin of about $1.30 is about $14.8m free cash flow (dividend time!)

(I've used 38% concentrate rather than 41% (trial mining) and also $3.5/MTU the low of a $8.00/MTU cycle)

Plus Utah of course, don't forget Utah!

We can factor in the additional revenue streams from manganese sulphate once we see the Scoping Study that was due at the end of last year. Your numbers now something like these Mark?

Regards,
Ed.

[justtrying1] 05/10/2020 10:35

P nd in full swing

[markyess] 05/10/2020 09:47

I wish they'd stop bandying around my outdated and misleading numbers.

Lots of value here, but those numbers are inaccurate and misleading.

[aimtrader2] 05/10/2020 09:22

They're picking it up on twitterhttps://mobile.twitter.com/Shan90aim/status/1313027364809568256

[aimtrader2] 05/10/2020 09:22

https://mobile.twitter.com/AimTerminator/status/1313022349369901056

[aimtrader2] 05/10/2020 09:21

Easy bagger in permitting news

[greatfull dead] 01/10/2020 08:50

Skipper,

Thank you for the link in your post. She does look as if she will get on the EP for KRS and very soon.

ATB,
GD

[the skipper] 30/9/2020 22:42

I couldn’t get the twitter link to work but I found this article about the new PM:

and it seems that she is pretty experienced in Government with a focus on youth unemployment and tackling poverty. Giving KRS the go ahead for its operations would be an ideal way to hit the ground running in support of those objectives.