Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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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Company Withdrawn
This company is withdrawn and no longer trading on Aquis Stock Exchange.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).
18p! That would get me pretty much to early-retirement. I guess I keep working....
Mr. Market has ignored today's update :-(
Patience required as always.
From 17th may 2022 rns
Pre consolidation
Each of the 677,500,000 new Ordinary Shares will have an attached warrant to subscribe for 1 new Ordinary Share at any time up to 31 May 2024, at an exercise price of 0.18p per new Ordinary Share
Expiring shortly then.
Weren’t there options/warrants attached to placing shares exercisable @18p a while back?
I think it was when we had our previous cornerstone investor but could be totally wrong.
If I am right I wonder when they expire.
Grant of Options
The Board of Directors have today awarded Graham Stacey 600,000 options over 600,000 ordinary shares of the Company, further details of which are set out below:
Share Option Vesting Dates
Vesting Date. No. Options. Exercise Price (GBP)
21/02/2025. 200,000. 0.04
21/02/2026. 200,000. 0.05
21/02/2027. 200,000. 0.06
The options are exercisable at any time within a period of 3 years from the Vesting Date.
I'm assuming that the share price is expected to rise above 4p in 2025.
Seems to be a very slow burner, here. But the journey is definitely onwards, and upwards, as we conquer the American phosphate market!
GLA
Surprised? Of course not: why would our BoD ever want to be questioned about anything to do with the business so that they could expand upon the most-recent RNS - adding context that would entice new investors? They need to plant their comms seed in their own organic phosphate, to grow into roots and branches - it’s still germinating, and needs some oomph.
How would you value a company that is as clear in its comms on its sales, profits , and forecasts of its products as the mud that it mines for its phosphate?
How this is under 4p on todays news is beyond me.
Increase sales forecast of 200% following JV and acquisition! Strong finish and future looking bright!¬
IMO, A lot of trades today that show as sell, are actually buys. as mine is showing as a sell.It should be a buy.
Graham Stacey, CEO of Keras, commented, "After a challenging 2023, I cannot overemphasize the importance of these developments in our business. Not only have we plugged the gap in our product range and increased our forecast rock phosphate sales 200%, but it is an absolute pleasure to have partnered with the strong team at Phosul to whom we've supplied increasing volumes of our PhosAgri rock phosphate product to test the suitability of our rock, as well as to develop a relationship with like-minded operators with insight into the organic fertilizer market.
We've taken a view that our current operations centre in Spanish Fork is likely to come under increasing pressure from residential development which is likely to lead to rezoning of our existing site at some point in the future. Owning our own production property and equipment further eliminates the excessive lease costs associated with Spanish Fork, and enables continuous operations with economies of scale that brings. In addition to longevity, the property provides us with footprint for future expansion of granulation capacity as well as our current production mix. We continue to learn the intricacies of building market share in a niche market and how our product best fits within the organic space in the US. Our biggest challenge to date has been market penetration - with Phosul we get the benefit of granulator experience and existing market for the PhoSul® product."