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ETF Securities experts James Butterfill and Townsend Lansing: did you know you can go long and short on ETF's?


Keras Res Share Chat (KRS)



Share Price: 0.40Bid: 0.35Ask: 0.45Change: 0.00 (0.00%)No Movement on Keras Res
Spread: 0.10Spread as %: 28.57%Open: 0.40High: 0.40Low: 0.40Yesterday’s Close: 0.40


Share Discussion for Keras Res


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MikeMurphy
Posts: 523
Off Topic
Opinion:No Opinion
Price:0.40
RE: Trading Halt
Today 01:18
Good news - in the light of the recent JV announcement ?
 
the_watcher
Posts: 357
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.40
RE: Trading Halt
Today 01:03
It’s for a capital raise.
MikeMurphy
Posts: 523
Off Topic
Opinion:No Opinion
Price:0.40
Trading Halt
Today 00:31
Pending Announcement on ASX
Orion10
Posts: 1,881
Off Topic
Opinion:No Opinion
Price:0.40
Jimbo
Sun 15:35
Right in that CAI are pursuing conventional gold exploration as their priority. But sadly you don't understand that any Pilbara explorer worth their salt will not be also burning the midnight oil if there is any suggestion there are also gold bearing conglomerate horizons within their tenements. Quinton Hennigh presenting at Denver on Monday with a live feed from site -Novo shorts being burnt alive now mate - Artemis up 21% on Friday -Kairos which most of us have also got set up another 55% on Friday and reporting conglomerates with 100 km of Fortescue Group rocks -fortunately which I abut with a big Exploration Licence I pegged with Pilbara Goldfields. DEG in a trading halt. DGO in the limelight - Lighten up Jimbo -if a Wits 2 we are all winners -as I predicted - if it does not come up trumps we will all leave town -:)
Propinquity
Posts: 2,187
Off Topic
Opinion:No Opinion
Price:0.40
RE: Novo -CAI/KRS connection !
Sun 13:21
Interesting, yes - of which we may form a part.
gmcc
Posts: 2,540
Off Topic
Opinion:No Opinion
Price:0.40
RE: Novo -CAI/KRS connection !
Sun 11:24
Interesting word “conglomerate” - Many company offshoots to the Pilbara gold story !

https://www.bing.com/search?q=conglomerate&form=EDGEAR&qs=SC&cvid=efe5c2fee18d47179a22a474944e6101&cc=GB&setlang=en-US&elv=AXXfrEiqqD9r3GuelwApuloAOa*UgCa4Ww**%21BytZw*cUtFXjK%21GFgZ4IxEm3nRaQRDUPhS*9stH609uVlTaDybi3lXUSG%21ig4BZHyhAfiSC

Anyway CAI just joined the Novo club & paying for the privilege hopefully will provide added value KRS benefits

Good luck everyone !
-------------------------------

“ Calidus –Novo Joint Venture Overview Under the terms of the terms sheet, Calidus has a 60‐day due diligence period and subject to all necessary regulatory approvals, will issue 20 million fully paid ordinary shares to Novo (Novo Shares) and undertake an exploration programme of A$2 million over three years at the Novo Tenements (Expenditure Commitment).

Following the issue of the Novo Shares and satisfaction of the Expenditure Commitment, the Novo Tenements will be beneficially owned as follows:

(a) Novo 30%; and (b) Calidus 70%.

(b) At the completion of the Expenditure Commitment, each party will be subject to a fund or dilute obligation in their respective proportions on the Novo Tenements with any interest diluting below 10% converting to a 1% net smelter royalty.

Calidus will retain exclusive ownership of all gold derived from the basement rocks taken from the Novo Tenements (Basement Gold) whilst Novo retains exclusive ownership of gold derived from Transported Material.

Transported Material is defined as any material that overlies the Basement Rocks and is formed of transported material. Specifically, this means the Fortescue Group conglomerates that overlie the Warrawoona Greenstone belt that is located on the Novo Tenements. Proceeds derived from the sale of Basement Gold will be shared in proportion to parties’ respective interests in the Novo Tenements.

Any ore processed through a plant owned by either party will be subject to a processing charge to the other party at commercial rates
.
Calidus’ existing projects in the Pilbara are unaffected by the Transaction and the Company retains all existing rights pertaining to gold recovered from its existing projects.

Benefits to Calidus Shareholders Novo holds a large ground position in the East Pilbara adjacent to, and surrounding, much of Calidus’ existing 253km2 in tenements under control, option or application. The combination of the two areas results in a dominant position in the region that ties up the vast majority of the known prospective greenstone belt.
JimBL
Posts: 1,309
Off Topic
Opinion:No Opinion
Price:0.40
RE: Novo -CAI/KRS connection !
Sun 00:51
DR isn't into the 'conglomerates' scenario. The extra acreage is all down to our conventional gold mining approach and increasing the CAI resource..
Chesh
Posts: 5,792
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.40
RE: Novo -CAI/KRS connection !
Sat 19:45
Orion 2.0, its got a ring around it!

lol

All the best (I still will not believe a word he writes!)
gmcc
Posts: 2,540
Off Topic
Opinion:No Opinion
Price:0.40
RE: Novo -CAI/KRS connection !
Sat 18:27
Recall this posted on 18 Aug '17 by our Aussie friend

“Calidus all over the Stockhouse board -but don't know the posters

:Caldius in the mix..

Novo has property that completely surrounds Calidus Resources' Klondyke property.

See this NR:

http://novoresources.com/_resources/news/2016-08-25.pdf

See the map in this NR for all of Novo's Warrawoona property.

http://novoresources.com/_resources/news/2016-05-10.pdf

-----------------------------------------------------
Up pops the CAI /JV deal !!

Some info in link below think these might be some of the Tenements involved previously held by Talga Resources Ltd

http://www.talgaresources.com/IRM/Company/ShowPage.aspx?CategoryId=190&CPID=1565&EID=62169711

Good luck everyone
Propinquity
Posts: 2,187
Off Topic
Opinion:No Opinion
Price:0.40
RE: Novo -CAI/KRS connection !
Sat 16:21
Indeed, the stellar-named one predicted both the outcomes of both the pre-Calidus gold foray and the potential benefit from being in the vicinity of Novo - but a mollifying tone would have led to rational, amenable discussions; anyway, here's to the future - especially now that we should know within about six months whether we sit on Wits 2.0.




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