Keras Resources Share Discussion Threads

[danielmiller1] 27/4/2016 12:26

Lololololololol it really is quite amazing that with all the experts here, the one they call the idiot is the only one call this right on the money.

Man am I glad to be the idiot with do called experts like you cruds around.

[sea7] 26/4/2016 19:12

Like I said miller - no one is fooled by you, no matter what you come out with

[danielmiller1] 26/4/2016 16:34

S7 man you are twisted really twisted you need serious help. You do these things just over a stock call.

You are more to be pitied.

I have only called GDP one way in the long run, while profiting on the highs and lows.


Now my call is again one way it's going to the mid fours.

[sea7] 26/4/2016 15:05

Miller - you call every stock both ways, buy and sell, over a short period of time, making claims of buying and selling.

That way, at some point in the future, you can refer to some of your posts to claim some sort of deluded accuracy over the direction of the stock, irrespective of the actual direction of the share price moves.

No one is fooled by your lies miller.

[thomasthetank1] 26/4/2016 12:55

Read Northland Capital Partners's note on KERAS RESOURCES, out this morning, by visiting hxxps://www.research-tree.com/company/GB00B649J414
"Keras Resources is continuing to deliver on its strategy of cash flow generation at a low capital cost. The company is continuing to advance its plans for the next open pit operations and has commenced negotiations on the refurbishment contracts for the high-grade underground Prince of Wales Mine...."

[novicetrade68] 26/4/2016 09:11

And negotiations for PoW refurbishment have started too now - I would imagine KRS will RNS their selected partner once completed, so that we all know when that cash register starts to ring.

[edgein] 26/4/2016 08:09

Laptop indeed, excellent news, almost 1500 Oz for the first full month of production and advanced planning for the next open pits. News from Lindsay should come soon and make a significant contribution as its estimated to produce 10-20000 oz pa.

As we know the estimated cashflows and economics for the PoW mine are excellent.

"POW has a resource of 154,000t at 8.0g/t and an exploration target of 500,000t at 10g/t for 160,000 oz and is expected to produce 15,000 to 20,000 ozs of gold at an all in cost of less than A$900/oz. At the current gold price of A$1,650/oz, this mine alone is budgeted to produce approximately A$1 million of pre-tax cashflows per month."

Regards,
Ed.

[laptop15] 26/4/2016 07:23

Nice RNS today :)) think we might have some buying today!!

[rec0very stock] 25/4/2016 18:26

Ryan PoW is part of the Norton agreement an is therefore 22% royalty and not profit share with 10% management fee. The economics of PoW have not benn released. All we know is they are targeting production in H1 2017.

[danielmiller1] 25/4/2016 17:29

I note S7 is still bitter over my calling GDP DOWN FROM 12 to 2p.

I said on the post S7 references to that I agreed with it and had added my bit to it.....read the bloody thing and see.

However that said whatever my 1p call on KRS now looks a reality.

[ryan83] 25/4/2016 10:20

recovery, Im not too plussed about what other posters do or say, I do however agree with a lot of what you say. DYOR and if you think its undervalued, buy/hold. Simples. I am in and with a good chunk. KRS are producing and cash will start rolling in weekly to KRS within a few weeks. Prince of Wales should really give the bank balance a kick with production targets at 30k oz annual rate set to be achieved in a relative short order which in itself is impressive. With the current spot gold prices, forex and 10% management fee to KRS profits should be around $420-50 per ounce imo.

[tom111] 24/4/2016 10:49

If u Google this"Andrew Maguire China and Russia set to dominate" its a very interesting audio and read

[rec0very stock] 23/4/2016 14:18

Tom,

Good to hear you are employing a sensible strategy based on realism.

How long it will take to get to 2p is largely dependant on the overhang and what it takes to clear it.

Unless the Togo licence comes in, the short term news flow will all be effectively saying we are doing what we said we would do - not a bad thing, just not that attention grabbing.

Ultimately if you believe in the company the short term shareprice does not matter now the fundraise is out of the way. Whilst the macro economics on Aussie Gold remain in our favour the shares remain undervalued on fundamentals.

I still have my limit orders in to buy more at 1p. I doubt they will be filled, but shares were bought at 1.17 on Fri so you never know.

[tom111] 23/4/2016 13:50

RS I sold into the rally not at the top but I was ok.Now in again at 1.28 so not that bad.I can wait now for the next rally but I cant see 2p for a good few months yet.Hope im wrong lol

[ryan83] 23/4/2016 12:12

2p on the cars soon here

[tom111] 23/4/2016 10:19

ON Friday the green back moved sharply higher against the aust dollar and commodity currencies on mixed data

[rec0very stock] 23/4/2016 09:26

Hopefully everyone can see what a complete toad DM is, cutting and pasting from an article that was talking about the last placing as if another placing was being done.

The Walsall presentation was all about ramping ahead of the placing - it is what all AIM CEOs do.

The question now is how long before the overhang clears. Will we see any TR1s from serious investors, which would mean the overhang is quite small or do we have longer to wait? There has been selling into every rise this week, but with it unclear just how big the overhang is from both the placing and recent warrant exercising, there is no way to tell.

The black cloud is that A$ continues to strengthen against US$



PoG has not managed to breakthrough previous 3 month highs



If A$ continues to strengthen and PoG remains fairly static, then projected cashflows from production are significantly reduced. In the light of that everyone should be pleased that the placing has been done, thereby giving the company the CAPEX needed to go underground to where the decent grades are.

I note DM neglected to cut and paste this bit from BMD's article:

"have a mining team that has between the 3 of them over 80yrs of get your ‘hands dirty’ experience."

Going underground is always much more risky than open pit, but we have a very good team to pull it off for us.

[l2e] 22/4/2016 19:51

Is that chart the beginning of batman ears?

[lamanai] 22/4/2016 15:20

Looks like a quiet day to end a quiet week.

We know that dirt is still being dug though, we know that tests are being done on optical sorting at Lindsay's, and we can guess that work is underway to develop the Prince of Wales/Lindsay's project plans.

The placing shares become live next week, first pay cheque in 4 weeks and who knows what deals are being discussed in the background.

Appearances can be deceptive!

[gautams] 22/4/2016 12:23

You guys need to start looking at the LSE site - much better analysis and much more chat. This article was quoted there over a week ago.