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PC, You don’t sound confident.
Last notification from the company states,at the latest, trading should be this Wednesday 20th!
Lots of issues to be resolved, it’s going to be tense!
Holding tight !
PC
And is it? Any ideas when trading might resume?
Anyone would think that Calidus is about to go to hell in a handcart if they read the Hotcopper board - quite depressing for investors.
I have been thinking the same - leaving us PIs with a nice loss.
To be honest, I'm not sure what it could look like. At these price levels, and given Grosso's location, it wouldn't surprise me if he did a full takeover and ultimately, after some time, IPO in the US.
Sounds about right for Keras, Markyess. When you say full control, do you mean ousting the current BoD and replacing them with his lieutenants?
With no progress from Togo and, based on the news in the public domain, limited PROFITABLE growth in sales from Diamond Creek, I think we'll be on a cash scramble - but it wouldn't surprise me if Grosso fills the gap ... what he wants in return will be interesting to see. Full control?
Will we have enough - or will we have to scramble for it elsewhere?
Morning jr nothing missed mate last info was joint venture and relocation to new premises and setting up plant, :)
Morning all.
Weren’t we meant to get guidance on production by now or have I missed it?
It's certainly turned out that way.
Jim, i suppose that description matches this company, too. ;-)
That article is clearly a crock of sh.te
Claims we started mining ops at DC in 2016 and "Keras saying that it was operating at full capacity throughout 2022, with “record nameplate production capacity of 1.2 Mtpa by 4Q22,”! Etc.
Garbled nonsense.
Https://www.thearmchairtrader.com/keras-resources-shares-poised-for-growth/
Just looked up Phosul LLC and it is in fact both a trademarked product and a subsidiary of Fertile Peat Products, LLC.
Sales revenues of Fertile, as listed by Dun & Bradstreet, are under $1million.
However, Phosul is also being supplied to Fertoz, a major player in the fertilizer market and an obvious competitor.
All in all, I therefore remain unimpressed by the latest (belated) news.
Cheers PC, strange share movement tick up with no trades then mm's playing games :)
ATB Robsky
Aquis Exchange
https://www.aquis.eu
Keras Resources Plc
Company Withdrawn
This company is withdrawn and no longer trading on Aquis Stock Exchange.
Just for future reference!
PC
Good evening
jr I hope you are well yes long suffering like most of the long term shareholders
here, hoping for miracles to happen in my lifetime. Still post occasionally though and continue to follow the crap markets going forward, hoping for Dave to pull a rabbit out the hat this year, KRS hmm comms are awful and this board has almost died because of them.
Atb Robsky
Evening Robsky.
Long time no post bud.
Guess you are like me . Ever hopeful that some of these shares actually do well...
23-Feb-24 13:51:57 3.45 4,001 Buy* 2.80 3.50 138.03 O
23-Feb-24 10:36:45 3.45 28,985 Buy* 2.80 3.50 999.98 O
From the other exchange
Calidus Managing Director Dave Reeves said:
“This maiden reserve and PFS confirms the high-grade Bulletin deposit will be significant in driving production growth and increasing cashflow generation at Warrawoona.
“With mining of Blue Bar well advanced, we see the introduction of Bulletin’s highergrade ore to supplement the existing ore from the Klondyke open-pit as a pivotal turning point in Calidus’ ambitions to achieve a 100,000 oz per annum production rate at the Warrawoona Gold Project.”
Yes DJF there is another exchange where KRS can be traded but it changed its name and cant remember what to sorry I used to check it regular, anyway so much for the RNS a damp squib might get more reaction Monday when the news has circulated maybe should have waited till Monday anyway.
In the meantime Calidus rumbles on
Maiden Reserve at Bulletin to drive step-change in production
Mine Life of 2 years; AISC of A$1,730/oz
Calidus Resources Limited (ASX:CAI) (“Calidus”, “the Company”) is pleased to announce a maiden open-pit Probable Ore Reserve for Bulletin of 600kt at 2.86g/t Au for 55,000oz and exceptional Pre-Feasibility Study (PFS) outcomes.
Bulletin sits within the Bamboo Creek historical mining centre that previously produced 220,000oz at 8.7g/t. Bamboo Creek forms part of the Haoma Joint Venture (Haoma JV) (CAI 60%: Haoma 40%) Bulletin was previously mined by Haoma in 2004 as a starter pit.
HIGHLIGHTS
Pre-feasibility Study (PFS) on the Bulletin deposit highlights low upfront capex, high-margin gold production to commence later in CY2024
PFS is based on a Maiden Probable Ore Reserve of 600kt @ 2.86g/t Au for 55koz and includes open-pit Inferred Resources 100kt @ 2.55g/t Au for 8koz
Mine Life of 2 years; AISC of A$1,730/oz; Upfront capital including pre-strip cost of A$17M
Production from Bulletin will drive an increase in Warrawoona’s production profile by feeding higher grade ore
Mineralisation at Bulletin remains open at depth, highlighting scope to extend production from open pit and to commence underground mining
Bulletin is located on granted Mining Leases
In light of the strong PFS outcome, Calidus has prioritised development of Bulletin, with mining proposed to start later in CY2024 once fully permitted
Slight tick-up on no trades? Is there another exchange?
So slow burning @ Keras the candle burned out long ago. Just one to sit on in the pf until it hopefully reignites. :o).