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Surly that is tongue in cheek and you know who and the history of Gervaise Heddle is, and the discovery and deal at GGP (0.2 to 30-40p) and ONDO (3p to 25p).
If he's investing that is a serious sign of what is to come.
Maybe he will be the CEO and Sean (POW) Chairman?
GGP / POW connections into a £1.5m m/c company - projects and finance available at different levels.
Reviewing it look's like a £1.5m m/c company with £800k in cash and potential of Euro790k overdue from end December '23 from a JV with Lake Victoria and the JORC Gold project?!
Not many companies on the market at such a low market cap and with such cash.
Basically a £1.5m m/c company with the equiv. cash + Haneti (not sure how good this project is but has some value) and Blyvoor Gold tailings project now PAF have pulled out that took KAT to 2.5-3p a few years ago. Now can buy at 0.12/13.
New board with POW CEO as Chairman and his connections in Rick Rule and the Saudi investors. Note Sean didn't come into POW at £1.5m m/c but £15m. Much easier to take a company £1.5-10m than £15m to £100m.
Read that POW could spin their Uranium projects into KAT for shares, but I'm sure that's guess work at this stage. Point is there will be a reason Sean is now the Chairman.
Point is at this level it is an amazing risk/reward market cap without the need to raise further funds for a very long time.
Apart from the total amount raised to £825,000,what else do Kat have regarding licences,drilling rigs etc?
If it's a start from scratch,then they'll need to raise many times more..
Out of the frying pan
Into the fire...
IMHO, DYOR, LGTAH
Well , i sincerely hope you do well !
He was very pro KIBO (ach hem) check the last 2 lines
https://miningmaven.com/mining-blog/477-gervaise-heddle-of-the-money-enigma-joins-miningmaven-to-discuss-the-outlook-for-go
lets hope he isnt investing in KAT
Just bought in here only £3'000 but feel Sean and Pj can substantially add value here.
Gervais Heddle active on twitter/X responding to Paul Johnson, I'm eagerly awaiting a update on who bought during the placing as I am expecting at least one TR1, maybe more.
O my -
Well obviously the investors who purchased POW at a premium should have listened to you first..
Don’t be negative . Smile !
Hes hardly done anything at POW , the share price is pretty much in the same if no lower than when he came onboard.
He still hasnt found any metals so get excited about. Just a bunch of land purchases , (land that may not have any metals in them).
All they do is spend all their time doing soil sampling and looking for more money from investors to keep everything running.
I mean , now that i think about it . Probably a great match for Katoro Gold , another life style company for the directors whilst never actually finding anything .
Interesting to see that they are taking the name Gold out of the name , as they have never actual found any gold !
Not quite sure where you are going with this comment - I’m sure Sean is here to get Kat back up and running after the previous board, ofcourse with help from PJ . What SW has done over at POW is great , assists/strategic investment paying over market.
Oh god Sean Wade now? , this is just becoming POW 2.0 , 😔😔
LC sneaking of now damage done , not me gov
Spot on dogg- emphasis on nothing
Paul Johnson now involved . Prepare for him to go into super ramping mode now as thats what he does. It will all come to nothing, but he will certainly get his face on as many interviews as possible to try and create some sort of buzz around this pointless company .
Except now the ship is not sinking anymore!!
Is it true?
The rat is leaving the sinking ship?
Don't hold back Hairydavy. Look at everyone he has achieved in Katoro Gold, Mast Energy & Kibo Energy?? I make you right, the only way is up!!
Well I doubt there have been many better days for Katoro Gold Plc, let's see what happens next.
Current Executive Chairman will step down from the Board. Good riddance, you useless waste of space. Hopefully, we should get a large rise on that news alone!
Blue
Much more eloquent than I phrased it. But it is the biggest concern of mine right now.
Any additional information about the following would be appreciated?
Any penalties involved for late payment or is it just a straight deal?
Katoro Gold PLC (AIM: KAT), the strategic and precious minerals exploration and development company, announces that in terms of the Joint Venture Agreement ('Agreement') with Lake Victoria Gold to develop the Imweru Gold Project as announced on 7 March 2022, (RNS Nr 8292D dated 7 March 2022) LVG has to date not provided any proof of payment of the agreed Capital Contribution, payable on or before 31 December 2023 , commensurate with the Agreement referred to above.
Any updates on funds owed by LVG? Seems pretty crucial right now
It’s crazy to think that just a few years ago this was over 4p and now it is at 0.10p. The worst bit is LC has made absolutely no progress on any front in that period so there’s little prospect of the share price going up either.
I was told a few years ago this was a lifestyle scam, how is it still operating?
More share dilution?