Keras Resources Share Discussion Threads

[zhockey] 11/3/2021 10:36

I think Keras are being teed up as a template for mining partnerships in Togo. The amount of time the team have spent out there, the polished nature of the Nayega Foundation.

Could be wrong but it strikes me that they’ve probably been collaborating with the govt. on this process.

Might even lead to some other opportunities based on first mover advantage.

Meanwhile in Utah, US agriculture looks to be starting a new super cycle and their product is at multi-year highs. Timing couldn’t be better for that project to succeed.

[markyess] 10/3/2021 22:11

Searcher0

1. Your maths is frankly appalling. Utah more than justifies the MCap on its own. And some.
2. Your opinion on Togo is perfectly accurate and hard to question.

[calvino1] 10/3/2021 09:38

Positive surplus of £681K was achieved from the bulk sample produced at Nayega and is given a mention under the Financial Review Section of the Final Results RNS on 24/2/2021. Basically it had led to KRS only having a small loss in the previous 2019 results year.

[markyess] 09/3/2021 21:02

Running costs, and contribution towards Diamond Creek, I'd guess.

[zhockey] 09/3/2021 20:54

Just noticed in the report they made $600K profit from the bulk sample. Wonder where that went!

[andrewhbruce] 09/3/2021 19:34

Thanks RS always a point as the French would say, even in Togo! Not sure if RL still there or now in US. He deserves a medal and it will be forthcoming.

[rec0very stock] 09/3/2021 18:44

You can work it out properly with atomic masses but roughly 2 Ps = 5 Os so divide P2O5 % by 2 and you have the P content. 14% P is high grade stuff.

Quite a lot of free samples have been given away for evaluation in the early months.

[calvino1] 09/3/2021 11:48

Average sale price for the first 1012T up to 9/10/20 was only $260USD/T but this would've been heavily discounted to gain initial market entry. Overall market rates for various Phosphate products have risen substantially since then.

[zhockey] 09/3/2021 09:55

The revenue prices mentioned here are from the Keras presentation July last year. Interestingly they mention the product is 28%, with 14% available.

[the skipper] 08/3/2021 23:22

Pricing info and anticipated tonnages can be found in the Shard Capital note here:

[zhockey] 08/3/2021 19:51

Thanks, Diamond Creek is 14% so I expect we’ll get less than that.

[calvino1] 08/3/2021 19:42

Found a price of $472 USD per ton of OMRI certified granular soft rock Phosphate (20% P2o5)in 50KG bags from ohioearthfoods.com Price increases as per usual for smaller quantities.

[zhockey] 08/3/2021 16:33

Trying to figure out the market price.

[calvino1] 08/3/2021 16:29

All i know is that it's not DAP (Diammonium Phosphate). Ours is Organic certified rock Phosphate.

[zhockey] 07/3/2021 20:45

Does anyone know if Utah produces DAP or MAP?

[markyess] 04/3/2021 21:50

It seems we've now had a second article containing positive news that could generate excitement in the local community of Nayega removed from Togo First.

Are we making it difficult for an ulterior agenda high up in the Togolese government, or is this just coincidence?

[markyess] 02/3/2021 14:15

Keras has long since had support from Togo First, indeed, they recently printed an article that cited that production was imminent, but had to pull it on government say so.

Things are certainly lining up, and optically, it is hard to see any significant hurdles we need to jump, but to assume that this news means the license is imminent is bold at best, naive at worst.

The license could as easily be months away as days, and frankly, with the wet season fast approaching, from a production perspective, it may make little difference to us whether the license is awarded in April or September.

[the skipper] 02/3/2021 11:17

Nice to see that Keras is finally getting some positive PR within Togo: hTTtps://www.togofirst.com/fr/mines/0103-7391-togo-keras-consacrera-5-de-son-benefice-annuel-aux-communautes-de-nayega

Wait for it to translate.

Can't be long to wait for production to start now with the small scale plant already on site.

[4sta] 01/3/2021 17:45

Some big buys gone through today.

[andrewhbruce] 28/2/2021 10:42

Encouraging support from Nicholas Slater on Friday

Been adding to my #KRS position today.Have a decent holding now.Once we get this Toga licence this should 5 bag to 0.6p.Directors own 26pct.Strong Conviction buy here at 0.13p 👍👍👍

[greatfull dead] 26/2/2021 13:25

From todays RNS. It looks very promising.

"CEO Russell Lamming and COO Graham Stacey are currently at Nayéga undertaking a site visit and meeting with community leaders and a delegation from the Ministry of Mines to ensure an open and inclusive process for the development of the Nayéga Foundation."

GLA,
GD

[nico115] 26/2/2021 12:34

Just bought another 10m at 13.1

[edgein] 26/2/2021 11:34

4sta,

Yes agreed. RL and team have made multiple trips to Togo over the last 6 months and with this stage of the process lets hope there's not too many more boxes to tick. RL intends to update us on his return, hopefully not too long now.

Regards,
Ed.

[markyess] 26/2/2021 11:19

'I don't expect him to come back without that license in hand.'

I'd manage those expectations back a touch. It would be lovely if they came back from this trip with license in hand, however, history would suggest although it looks like the last fence has fallen, we may not yet be over the line.

We've made great progress. It will happen at some point, and I'd dearly love to be proved wrong, but I still think we're weeks, rather than hours or days away. (With that in mind, just refresh your memory of when the 'wet seasons' are in Togo).

Best,
Mark