RE: Gold Gold Miners10 May 2024 18:36
I see another CO that was 0.045p last month called KAT doubled in the last two weeks on prospect of getting back £790 k
there RNS today was saying nothing really it's all about exploration no first gold next month like RRR but done 25% today ?
LAKE VICTORIA GOLD - IMWERU PROJECT
Under contract, the Company is due €792,000 from Australian private company Lake Victoria Gold ("LVG") following the transaction involving a joint venture agreement covering the Company's Lake Victoria gold interests to LVG in March 2022.
This liability was disputed by LVG and the Company has further reviewed with legal advisers the matters raised by LVG and the Company has decided it will be pursuing the matter further by taking appropriate further action.
NEW OPPORTUNITIES
As previously stated, the aim of Katoro is to focus on high impact exploration and development projects, rather than a diverse wide-ranging portfolio, enabling the allocation of working capital into focused business interests.
Potential additional opportunities have been identified by the Company and its advisers, with review work of these prospects currently underway in respect of project suitability in respect of various project options.
Whilst the Katoro Board remain confident that new opportunities can be added to the Company's portfolio, until formal agreements have been signed shareholders should note that there can be no guarantee that such additions will be completed,
FK knows why we can't get a rise lately on some excellent news ?
see what next week brings, we have waited long enough, what's another month ?