Keras Resources Share Discussion Threads

[sashimi] 14/3/2016 19:35

It's a shame to see gold price dip today.

[sashimi] 14/3/2016 19:29

cant be far off from getting an update on the first blast. Trucks have been there a week doing nothing, so maybe tomorrow another RNS.

[novicetrade68] 14/3/2016 13:29

Ed, That's actually very true regarding buying FRX for Nayega only ;-)

Surely, license news from Togo could of course still happen any moment, but since KRS is trying to run a gold company now, I'm also a bit more relaxed about developments there now. Needless to say, would be nice if it still comes through though at some point in H1.

[edgein] 14/3/2016 12:21

Novice,

Indeed very true, my Pam Ayres impression this morning was meant to be a little tongue in cheek. Also Dave did mention (cannot remember if it was in the previous interview or an article), that when they are producing cash they'll be looking at much bigger acquisitions. That'll be more along the lines of those mid term acquisitions that you mention. good to see them really going for it this last couple of months. This was a totally different beast 12 months ago when you'd get a couple of posts a month on the FRX thread and many of us, probably including yourself, were buying for Nayega alone.

Regards,
Ed.

[sja123] 14/3/2016 12:05

hxxp://www.lsesharetalk.com/share-news.php

Interview with Dave Reeves now up on LSE....goes through the RNS issued today and re-iterates near term gold production....as you would expect, nothing revealed that the market doesn't already know...

[novicetrade68] 14/3/2016 11:50

Edgein, you mentioned whether DR might have anything else up his sleeve...well, in their presentation from last year they said they were working to 'Complete documentation and begin option period on a mid-term high value project'...and although I'm really pleased about todays' news, I don't think it is the 'mid-term high value project' that's being alluded too. Time will tell, no doubt ;-)

[113mike] 14/3/2016 09:10

With this transaction, we can look to expand our cash flow generation which is due to start in the very near-term, ....sounds good to me! Onwards & upwards!

[4sta] 14/3/2016 09:09

Thankyou dell1234, appreciated.

[edgein] 14/3/2016 09:03

Stunning, not only production from the first two gold tribute agreements in the very near term, we've now added a third coming into production in Q3. Nice one Mr Reeves, that should make our production profile quite easy to achieve. Going great guns at present, I wonder if Mr Reeves has anything else up his sleeves? Apologies for the poetry this early in the morning. With the gold price where it is now its a 70-30 profit split in our favour, that's a stunning deal. Reserves building up nicely, production soon to build up nicely, its all heading in the right direction.

Regards,
Ed.

[dell1234] 14/3/2016 08:53

Article has been updated

[4sta] 14/3/2016 08:44

dell1234. I've noticed you have posted a link to the article on the LSE board also. Could you point out that it is factually incorrect over there please - I read but do not post on LSE.

[sja123] 14/3/2016 08:36

...as well as an interview released later today on LSE ShareTalk....Keras are presenting at Momentous Event on Thursday evening

[sja123] 14/3/2016 08:29

It just goes to show how sloppy some of the so-called professional coverage of companies is....always best to research things for yourself and check any "facts" put out by brokers and tip sheets

All IMO etc

[sja123] 14/3/2016 08:27

I think the guy writing the article has got it wrong....the second half 2016 production refers to this new tribute deal....no change in forecast for Grant's Patch....Q2 2016...imminent.....

[4sta] 14/3/2016 08:24

Is that article factually correct? He states that Keras has pushed back production from the second quarter to the second half of this year. Haven't read anywhere that this is the case, thought first production was imminent.

[dell1234] 14/3/2016 08:16

Shares magazine article on today's news:

[sja123] 14/3/2016 07:43

RNS out.....another tribute deal for more gold production this year...something for Dave to talk about today then....and presenting later in the week too....should be a good week :-)

[sashimi] 13/3/2016 20:06

Lsesharetalk tweeted that an exclusive interview with DR will be posted tomorrow.
Is more news on its way?

[aim0raider] 13/3/2016 11:39

Well we know krs are looking to raise so that shouldn't be a factor in the interview. They are fully funded to production happening in a few weeks.

[rec0very stock] 12/3/2016 11:29

GD,

If you look at all the money Dave and other directors have put in over the years then it comes to far more than £250k. Actions speak louder than podcasts

[greatfull dead] 12/3/2016 09:57

ROS,

A £250K investment by Dave Reeves tells me more than any podcast. Or is it AUD$250K!!! Poor memory these days.

GLA,
GD

[rec0very stock] 12/3/2016 09:46

I have a rather cynical view on live podcasts and interviews etc. They are all paid for by the company and staged so that no difficult questions get asked. Often they are an indication that the company is trying to raise money through a share issue. They should never give any material info that is not already in the public domain. The idiot Dave Whitby at CEB now ADL fell foul of that and got CEB suspended and the clock is ticking very loudly now whether they will complete the transaction, which does not sound particularly exciting, in time to avoid having the shares cancelled on AIM.

If you do not need to raise money, then the short term share price does not matter, though it does give a nice feel good factor to all those, including the board, who have significant shareholdings. Dave Reeves is a very credible and outgoing chap (as also are most of the rubbish CEOs who are trying to raise money) and it is good to see and hear from him occasionally as, for good reasons, he rarely makes it over to UK for AGMs. Just don't over do it Dave. Let the results do the talking, concentrate on getting the results.

[4sta] 12/3/2016 06:15

They talk of a new live podcast on the LSE board - post by HUFC 1908 @ 06:28 on Thursday. Think he is the one that does the podcast but reading further he is not sure what time it was going to be.

[sashimi] 11/3/2016 17:46

There is an interview on LSE sharetalk dated 15th Jan. Are we expecting another?