Keras Resources Share Discussion Threads

[zhockey] 19/12/2018 14:29

Chirpy,

I expect CAI will sell off after the resource upgrade and the release of the KRS shares will be a deluge of supply. 2c is actually quite optimistic in my view.

[chirpy cheep] 19/12/2018 12:00

ZH: can you just run that by me, why you think it will be 2c

[zhockey] 19/12/2018 09:10

I'm expecting Calidus to be at 2c when the shares come out of escrow. So those figures look a little optimistic to me.

[andylee3] 18/12/2018 00:06

It’s 723.8 million at 1.65p Cyberbub, which actually works out at just short of £12M.

Happy days :-)

[cyberbub] 17/12/2018 19:19

Just looking in here, as the chart seems quite exciting for a potential breakout.

After the Calidus PFS and conversion of preference shares, Keras will hold over 700M Calidus shares. At the last price that Calidus places shares (approx 1.5p), those 700M shares will be worth approx £11M.... assuming that the value of Calidus doesn't increase after the PFS.

Keras' current market cap is around £9M.

So that means that Keras' market cap is already below what their holding in Calidus is 'probably' worth. The Togo project (which should not be burning cash as the bulk sampling is being funded by an off-taker) is thrown in for free.

Is that correct?

Thanks for any insight.

NAI

[zhockey] 12/12/2018 15:43

Indeed, and the French economy and stocks have suffered.

[chirpy cheep] 12/12/2018 11:30

ZH-they're also rioting in France !!!

[zhockey] 12/12/2018 08:59

Nayega has gone quiet, hopefully the recent rioting has not impaired the project.

[andylee3] 11/12/2018 17:28

Brandon Hill Capital recent report on Calidus...

[4sta] 10/12/2018 08:05

Thanks andylee3

[andylee3] 10/12/2018 07:27

Calidus new corporate presentation.....

[andylee3] 06/12/2018 06:34

Calidus finds gold zones at depth in Pilbara.....

[zhockey] 05/12/2018 21:52

250K/yr at current prices should by my calculations result in pretax profits of arround $18M. With capex forecast at $15-20M, that's a stonking IIR.

[zhockey] 05/12/2018 21:41

Thanks RS, Looked all over the old Ferex info, not realising it was so clear on their current website!

I had the same thought on the rationale for the 750 vs 250 figure.

[rec0very stock] 05/12/2018 19:55

"Based on work conducted to date, the Company is confident that Nayega will provide positive cash flow through the rapid development of a low-capex, 250,000tpa open pit, 38% manganese product operation."

There was mention in one of the tweeted videos of a 750Ktpa operation that was the 14% that is dug up to turn into 250Ktpa 38%.

[zhockey] 05/12/2018 16:10

Here's a tester. KRS Mn reserves are 8MT at 14%, however the shipped product will be enriched to 38%.

Therefore the 250KT a year, was this at 14% or 38%?

[stockriser] 21/11/2018 23:15

ZH - I do feel you are being a tad sarcastic - but I'll refrain from being rude.

[zhockey] 21/11/2018 17:54

Stockriser,

What on earth was the point of posting that article, when all it includes is this?

Alkane’s recent deals have also included a $3.7 million transaction with Calidus Resources Ltd (ASX:CAI) as it applies investment criteria to assessing projects and companies.

[dreamtwister] 21/11/2018 17:00

excuse my bad manners thr have what you are looking for "gd" starting to move !

[greatfull dead] 21/11/2018 14:09

zhockey,

My last post was draw draw you out.

Please reread the RNS.
link:-

Please listen to the podcast.
KRS John Meyer, Mining analyst and partner at share price Angel talks about KRS. Interview starts at 19 minutes 1 second
link:- hxxps://www.voxmarkets.co.uk/blogpost/133998/


Please watch the video and read the twitter comments.
link:-

All, very positive IMHO

ATB,
GD

[greatfull dead] 21/11/2018 14:07

dreamtwister,

Thank you for the link.

Besides manganese which KRS have, I recently started researching small cap mining companies who 'may' discover and mine vanadium. Research so far has not come up with anything of real interest. BMW an integrated vanadium producer do look interesting though.

links:- hxxp://www.bushveldminerals.com/about-vanadium/
hxxp://www.bushveldminerals.com/bushveld-vanadium/
hxxp://www.bushveldminerals.com/bushveld-energy/

I have no investment in that company. No funds to invest at present and not ramping them either.

Any posters here who are also doing research on potential small cap mining vanadium companies please message me. TAI.


ATB,
GD

[dreamtwister] 21/11/2018 12:16

not only a energy metal manganese is used in fertilizers,due to the shortfall of manganese, soya beans have produced poor yields,the demand for manganese will out strip supply.

[andylee3] 20/11/2018 23:33

Remind me Zhockey, which drill results were particularly ‘dissapointing’?