Keras Resources Share Discussion Threads

[greatfull dead] 17/1/2018 11:11

A good read and good for KRS.



GLA,
GD

[4sta] 15/1/2018 14:31

Amazing to see our market cap still only approximately a third of Greatland Gold even after the dire news there.The shareholders are furious with the BOD over there and surely Newmont walking away just highlights the fact that they have very little to be excited about. They say Newmont want to concentrate on other areas but if that was the case why spend all that time and money doing due diligence in the first place? We have a great Man in Dave, he has a high percentage of the company shareholding, Grades above 2g at surface. What's wrong with people?

[yasx] 15/1/2018 11:09

I have been a buyer here...

[novicetrade68] 15/1/2018 11:06

Yes, let's hope it will help sentiment a little bit..somewhat surprised we are where we are still, despite gold at $1343 and KRS having been awarded the performance shares.

[zhockey] 15/1/2018 10:53

Good to see Dave picking up a few.

[cpap man] 09/1/2018 07:20

Breaking News: India – The 3rd Largest Car Market – Announces Only Electric Vehicles To Be Sold By 2030



India’s government just shocked the automobile and commodity marketplace.

They made the ambitious move in declaring that by 2030, all vehicles sold will be Electric Vehicles (EV’s).

The papers finalizing the policy could be signed by year end. . .

“The government has declared that India – set to be the world’s third largest car market within five years – will sell only electric vehicles by 2030.”

Here are some facts. . .

º India is known to be a power deficient country.

º For instance, they still produce over 90% of their electricity from coal.

º And this has made India one of the world’s most polluted places in the world.

º Many of their 1.3 billion population struggles with these problems daily.

“A recent study found that pollution in Delhi was so bad that residents would live almost six years longer if India were to meet its own air quality standards and up to nine years if the country met international benchmarks.”

Also – did you know there are only about 5,000 Electric Vehicles on India’s roads currently? That means there will have to be over 10 million EV’s bought just to meet the government’s target?

There’s no doubt that this “Only EV’s by 2030” initiative is an ambitious move by the government to join the ‘alternative power’ countries.

But the real exciting part is this. . .

As we have written about, there are already growing shortages in the materials – such as cobalt and nickel – that are required to build and fuel Electric Vehicles.

And these shortages are occurring without the 3rd largest car market in the world being involved.

Imagine how tight supplies are going to get now that they’re also rushing in to get their hands on these critical materials?

(Source: Economic Times)

The trend is in motion.

And it is clear that the world economies are shifting from traditional gas-powered vehicles and into Electric Vehicle.

[greatfull dead] 04/1/2018 16:43

Andy,

'tis a game of chance until the company is producing in large amounts. Until then share price may go lower...

ATB,
GD

[andylee3] 04/1/2018 15:27

Yes, GD, a great purchase, I'm waiting until pay day to get more.

So now I've said that, you can guarantee they'll shoot up!

[greatfull dead] 04/1/2018 10:23

zhockey,

Thank you.

ATB,
GD

[zhockey] 04/1/2018 08:59

Well done GD,

[greatfull dead] 03/1/2018 16:54

Set a limit order this morning @ 0.38 got them @ 0.37.

Pleased with my dealing here and there today........

GLA,
GD

[andylee3] 03/1/2018 09:31

Well done with that purchase RS, anything 0.40 or below is a cracking purchase IMO.

No trades today, can't believe they don't see the long term potential in this.

Perhaps that's the problem these days, no patience and all looking for the quick returns.

All to their own I suppose.

[rec0very stock] 02/1/2018 14:02

Grabbed another 3m this AM at 0.388. That is me done for now. May grab some more before results which normally come out in Feb, but I thought I had better leave some for the rest of you.

A happy and prosperous New Year to all who have stuck with this last year.

[rec0very stock] 30/12/2017 11:38

Or blows, which ever he prefers

[andylee3] 30/12/2017 10:59

RS, I posted his response to my question FYI, draw whatever conclusions you feel.

However, your BJ theory.....that sucks ;-)

[alan@bj] 29/12/2017 16:44

Just for the avoidance of doubt, I'd like to stress that "bj" does not stand for blow job. The President will have to look elsewhere.

[rec0very stock] 29/12/2017 16:30

Andy,

Whilst I am sure DR is giving an honest view, the last I saw of unrest in Togo was back in Oct and it was not that major, by African standards.

If the president actually got on with running the country to improve the lot of the people he would not be facing such protests eg granting long overdue licences so jobs can be created and royalties paid in to the Govt which then can be spent on public services not to mention the social projects that are part of the mine.

My earlier view that the deciding factor on when we get the licence probably has more to do whether the president had a good blow job that morning than it does with political protests.

Looks like I missed a top up opportunity earlier as I had to go out and get the shopping for New Years eve. Oh well there does not seem to be any let up in market apathy so I am sure there will be other opportunities in the New Year.

A prosperous New Year to all

[alwaysevolving] 29/12/2017 16:15

Thanks Andy.

[andylee3] 29/12/2017 15:13

For your information, I asked Dave about the Togo license and here's his response....


"Andy, a very belated merry Christmas to you and yours and thanks very much for your support.

I honestly believe if it was not for the political protests in Togo, we would have had our licence as it was setup for Council of Ministers. Perseverance always wins in this game and the Togo government rang me the other day to ask for a bit more time, so as always, I remain positive!
Here is to an exciting 2018."

Cheers
Dave

[zhockey] 28/12/2017 15:27

AISC a bit high I'd say for 2.1gpt, but not bad as a base case.

[rec0very stock] 28/12/2017 14:45

zhockey,

CAI will need to do at least 1 fundraise if not 2 by then. I am expecting them to be about 10c by the time we get ours. Based on buying KRS at 0.4p or less that works out as a 5 bagger in just over 18 months - not bad. I should have in excess of 5M CAI, so plenty to see me comfortable in retirement.

In 18 months I would expect drilling to all be done, a juicy PFS to be on the streets and a BFS to be in the pipeline, with some early indications of how the plant and initial mining will be funded. Another 2 years on and CAI could be in profitable production with an AISC of around A$1000 per Oz, what will POG be then? A$2000 does not seem outlandish, but could be a lot more (or less if we miss the bull run). Hopefully they will be in a position to start paying dividends by the time I actually retire in Jun 2023.

A bit early to start planning where to go on my first cruise. I must get out to Oz again. I did the East Coast last time, so a trip to WA to see the mine that is funding the trip would be in order.

[zhockey] 28/12/2017 13:27

RS,

The Calidus value will hopefully be closer to 20c when the shares come out of Escrow.

[rec0very stock] 28/12/2017 10:47

Come on MMs raise the bid to get the sellers selling again. My ISA is now nicely teed up to pick up their cast offs.

[rec0very stock] 28/12/2017 09:21

I have bought all I can at 0.4p and below. I now have 16.5M. If there are more opportunities then I will look to get that up to 20M before results come out.

It all depends on how they value the CAI performance shares. If they value all CAI shares (ordinary and performance) at market value on 30 Sep (reporting date) approx 5c, then they would have a non current asset (non current because shares are in escrow / not converted to ordinary) of over £20m. They would also book a profit on disposal of around £18m and a pretax profit of about £15M. They have historic losses (£12.4M) to offset against some, but not all of this. As paying tax now would be quite painful I suspect they will take a slightly more conservative approach of maybe not including the tranche that have not converted yet and maybe taking some VWAP price rather than closing price on 30 Sep. They could also write down (not write off) the other projects to zero (Approx £2m in 2016). Even taking this more conservative approach would most probably finally wake the market up and leave more profit to be booked next year, when they should be better able to pay the tax.

I feel the opportunities to buy sub 0.4p will only exist fleetingly for the next 2 months max.