Keras Resources Share Discussion Threads

[rec0very stock] 17/12/2017 11:00

zhockey,

Please do not take offence, but I have to disagree with you most strongly - that is what these boards are for.

KRS does not have the cash for 1000m of shallow holes.

To get the cash for such a programme would entail massive dilution at current share price

The more dilution that occurs in the next 18 months the fewer CAI shares we get in specied to us.

1000m of shallow holes would be very unlikely to produce any sort of JORC compliant resource so the results would be for ramp value only and very limited ramp value if Togo still has not granted the Mn production licence.

I agree Co is hot and having this project in the KRS portfolio is good news, but no money should be spent on it until KRS has the Mn licence and cash flow / a share price that values the company properly. The initial exploration programme should, as a minimum, be sufficient to achieve a maiden JORC resource as it is more cost effective to drill more holes once mobilisation costs have been covered. Anything else would be highly irresponsible of the directors. We should get full annual results Jan/ Feb time with an AGM Feb / Mar, which I will attend and discuss these points with the directors, but I suspect they already get them anyway.

[temmujin] 16/12/2017 23:55

CAI drops on the news? in your dreams mate...this and CAI are flying to the stars monday!

[zhockey] 16/12/2017 22:52

I disagree on the Cobalt. There's a lot they can do without expending huge amounts and Cobalt is certainly a hot topic.

I'd advocate a small drilling program of 1000m shallow holes.

[novicetrade68] 16/12/2017 11:32

RS, if again there is the usual reaction on Mon/Tue, where for example we end up down after the resource announcement, I think it would be a Christmas gift given the fact there are 241m CAI shares coming Keras way at appr. A$0.40c = A$9.6m.

The KRS website now also has a page on its cobalt project...like lithium earlier this year, I think cobalt will also become flavour of the month at some point next year.

[bumpa33] 16/12/2017 09:06

It’ll get noticed, Xmas party or no Xmas party.

Forget GGP and it’s nuggets in the soil, this is the real deal.

65m traded Friday split between NEX and main exchange.

[temmujin] 15/12/2017 20:01

heard a rumour tonight that newmont are looking at calidus/keras...was that the reason ggp fell yesterday?

[luckyvince] 15/12/2017 18:34

Yet another on the filter list. I dont know why they bother.

[ronjoe77] 15/12/2017 18:27

You so great.. Come lets talk about krs

[ronjoe77] 15/12/2017 18:25

Come again, I never heard that

[ronjoe77] 15/12/2017 18:20

What you want to say

[verulamium] 15/12/2017 18:16

Ah, there's one on every board.

[ronjoe77] 15/12/2017 18:08

Now talk some seance.