Keras Resources Share Discussion Threads

[andylee3] 20/11/2018 23:31

No Chirps....just Bad Cop.

[chirpy cheep] 20/11/2018 19:04

GD, zhockey just likes to play the role of good cop / bad cop !

[greatfull dead] 20/11/2018 16:19

zhockey,

Thank you for that info.

ATB,
GD

[zhockey] 20/11/2018 12:40

GD, CAI drilling has been disappointing this year so far and they've sold shares and conglomerate rights off cheap. Let's hope they can get their act together in Oz.

[zhockey] 20/11/2018 11:54

In the video they mention this is proving the feasibility of a 750K TPA, 10 year operation.

That's quite a bit bigger than was discussed previously.

[greatfull dead] 20/11/2018 08:00

andy,

Thank you for the twitter video link. With CAI and Togo. The share price will soon be higher than many anticipate.

ATB,
GD

[andylee3] 19/11/2018 17:37

New twitter video showing Togo manganese project latest.....

[zhockey] 13/11/2018 15:02

Hmm he didn't know the conditions of the next CAI performance shares or which African Country KRS operate in.

[andylee3] 13/11/2018 09:12

John Meyer on KRS on Voxmarkets (from 19 mins 3 secs in).....

[zhockey] 09/11/2018 22:45

hxxps://m.phys.org/news/2018-10-manganese-hydrogen-fuel-cells-catalyst.html

[andylee3] 09/11/2018 07:16

Article in ‘The Western Australian’ regarding recent Calidus drill results....

www.thewest.com.au/business/public-companies/calidus-drills-high-grade-gold-in-the-pilbara-ng-b881016666z.amp?__twitter_impression=true

[andylee3] 08/11/2018 22:00

Great progress at Nayega....

[greatfull dead] 08/11/2018 09:57

Ed,

Yes, all looking good from CAI.

ATB,
GD

[edgein] 08/11/2018 08:17

CAI still delivering that's for sure and some of the intercepts are only 2m deep! :) Grades are smashing.

Regards,
Ed.

[zhockey] 08/11/2018 07:08

The mention on the deeper drilling sounds encouraging.

[andylee3] 04/11/2018 22:59

Experienced project manager Fernando Moutinho appointed as Project Manager at Calidus

Calidus Resources Limited (ASX:CAI) (Calidus or the Company) is pleased to announce the appointment of Fernando Moutinho to the position of Project Manager at Calidus. Fernando is a very experienced project manager and has overseen numerous studies and construction projects globally.

Fernando has most recently been engaged with assisting with project development at Syrah Resources (ASX:SYR), Tungsten Mining NL (ASX: TGN), Sheffield Resources Limited (ASX:SFX), Sheffield Resources Limited (ASX:SFX), Tungsten Mining NL (ASX: TGN), New Century Resources Limited (ASX:NC) (formerly “Atilla Resources Limited”) and Grange Resources (ASX:GRR). With a career spanning over 30 years, Fernando has worked both for clients and contractors including Ausenco and GRD Minproc in building resource projects globally.

Calidus Managing Director Dave Reeves commented, “The appointment of Fernando to the position of Project Manager is a significant step forward for the commencement of the pre-feasibility study that is planned for completion mid next year. Fernando has outstanding experience in the management of resource projects and his appointment is further demonstration of our belief in the project becoming an operating mine.

On the completion of drilling this year and on return of all assays, we will publish an upgraded resource that will provide the platform for the pre-feasibility study. By appointing Fernando now, we can ensure all tenders are let and relevant information is gathered prior to proposed commencement of the study on release of the resource upgrade.”

[andylee3] 03/11/2018 09:24

Scrubber en route (am I allowed to say that?) to Togo....

[4sta] 24/10/2018 08:26

Thanks andylee3.

[andylee3] 24/10/2018 08:24

I can get it 4STA, so might be you need to check your WIFI, it could be slow.

If mine is slow, I sometimes have problems with accessing the LSE site.

[4sta] 24/10/2018 08:00

Anybody else having trouble getting share chat on LSE or is it just me?

[andylee3] 24/10/2018 07:56

Proactive article regarding Pacton purchase of Calidus conglomerate gold.....

www.proactiveinvestors.co.uk/companies/news/207701/pacton-gold-set-to-acquire-gold-rights-of-calidus-resources-ltd-in-pilbara-207701.html

[cpap man] 23/10/2018 12:10

Keras Resources (KRS LN) 0.36p, Mkt Cap £8.1m – Calidus sell non-core gold rights to Paxton

Target 1.04p

CLICK FOR FULL NOTE PDF

(Keras currently hold 458m shares in Calidus Resources currently representing 31% of the company with an additional 265m (16%) new shares due to be granted by Calidus when the gold project PFS is published. All Keras’ shares in Calidus are in escrow for two years with the lock up expiring on 23 June 2019.)

Keras Resources report on progress at Calidus Resources where they hold a 32% stake.

Calidus have completed a deal where they are selling a number of non-core Conglomerate gold rights to Paxton Gold Inc. for 7m Paxton Gold shares representing around 16% of the company. Paxton Gold has a market capitalisation on some C$40m making the shares worth around C$6.61m today.

Calidus recently issued some 125m new shares and 70m options exercisable at 35c/s to Alkane Resources Limited representing 8.81% currently or 6.65% of Calidus on a fully diluted basis.

Exercising the 70m options would take Calidus to a 10% stake.

Calidus now have 1,426m shares in issue and a further 70m options.

The A$0.0295/s price paid by Alkane indicates a reasonable base line valuation for Calidus with potential for significant upside

Keras Resources is working on the mining and simple processing of a simple 10,000 manganese bulk sample paid for by a manganese alloy processor. We look forward to an update shortly.