Keras Resources Share Discussion Threads

[tidy 2] 21/3/2016 15:21

All buys now guys.

[novicetrade68] 21/3/2016 14:30

I see someone bought 2.1m+ shares two hours ago for 1.10p....hmmm.

[tidy 2] 21/3/2016 14:11

Half mill below a penny

[tidy 2] 21/3/2016 14:10

First thing mate

[panic investor] 21/3/2016 13:33

Tidy - when did you get in here ?

[tidy 2] 21/3/2016 13:13

Value£1.8m per month on 25.000 Oz per year. £2.9m per month on 40,000 Oz per yearOn live au price today. £21,600,000 this year£34,800,000 pa following years. Current cap circa £12.5m. That's a buy in my book.

[novicetrade68] 21/3/2016 11:59

Volume here again pretty amazing, if you add ISDX (6m or so) then it's already 30m traded before mid day.

Btw, Keras updated their Twitter again today with some new pics, well worth having a look including their on-site 'facilities' ;

Keras ‏@kerasplc 2h2 hours ago
Final shot for today, our camp on site, no shareholder funds for over the top accommodation, all about cash@kerasplc

[edgein] 21/3/2016 10:40

Littlemadam,

Togo isn't in the price at all here yet, it'll just likely come out of the blue. Like the current gold assets the Mn is also pretty much at surface making it one of the lowest cost future producers and there is significant Mn in and around Nayega, look at the increases since the maiden JORC.

Insignificant debt, just the management loans, plans to 40,000 Oz pa Au funded from cash flow growth. That may be extended with further acquisitions, Dave seems to have a taste for a good deal at the moment.

Regards,
Ed.

[panic investor] 21/3/2016 10:11

It's all in here : states that they may go back to Togo at a later stage, but GOLD is what they are concentrating on right now.

hxxps://www.youtube.com/watch?v=LK06mStyouI&feature=youtu.be

[rec0very stock] 21/3/2016 09:46

littlemadam,

If your question is about the Togo licence the answer is no they do not have it. That is one of the reasons why they are pushing ahead with the Australian Gold projects - all licences and permits are in place and Capex is minimal as the mines already exist.

Read the full presentation it explains it all.

[tidy 2] 21/3/2016 09:35

7 minutes ago Just in from site and see the share price is matching my mood, thanks to all, much more to come

[tidy 2] 21/3/2016 09:31

Little madam. Yes all licences in issue. Page 10 presentation.

[tidy 2] 21/3/2016 09:24

In production

[littlemadam] 21/3/2016 09:14

Has the company got the mining licence yet?

[panic investor] 20/3/2016 13:46

adding slowly, great interview here from a few weeks back

hxxps://www.youtube.com/watch?v=LK06mStyouI&feature=youtu.be

[ryan83] 19/3/2016 00:05

A way to go yet Mike. 3p target atleast here

[113mike] 18/3/2016 13:21

And a bit more! nice!

[113mike] 18/3/2016 13:20

I was going to say strange that there's no share price movement this morning...then its only just ticked up abit!

[panic investor] 18/3/2016 13:13

Added to my position here today. Not masses but it all counts itlr

[novicetrade68] 18/3/2016 10:26

Thanks RS, have added the presentation to the header. Interesting to read, or at least I wasn't aware (or simply forgot), that KRS would get 49% of Net Profit with a gold price up to A$1600, yet any net profits above A$1600 KRS would get 70%... Current gold price in Australia is A$1658, so....

[rec0very stock] 18/3/2016 07:48

Direct link to the presentation:



Explains the timescales and the different arrangements quite well.

[sashimi] 17/3/2016 19:52

Finally we get the news of the first blast. This is great news for the company. In such a short time the directors have managed to turn this around. Let's see where they will take it from here.

[edgein] 17/3/2016 09:04

LM,

Definitely, cash flow from next quarter. Great timing for the gold price to jump $30/Oz last night. Hopefully it'll break $1300/Oz in the next few months.

Regards,
Ed.

[liquid millionaire] 17/3/2016 07:55

Great stuff!