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Hopefully a positive for our Nayega Manganese project. Economy reopening up.
Togolese authorities announce international flights will resume on August 1
https://www.togofirst.com/en/transport/3107-6020-togolese-authorities-announce-international-flights-will-resume-on-august-1
AIM Journal has featured KRS in its August 2020 edition, highlighting particularly that the DiamondCreek Phosphate Mine has over 60 years of mine life and that the Utah based project is soon to be cash generative.
Read the full publication here: https://t.co/tNnwQwmXqo
https://twitter.com/kerasplc/status/1291014544777711622?s=19
No worries & your frustrations around Nayega are more than reasonable, with Utah in play the upside increases folds on receipt of that permit. Its so close yet without it feels so far, I know the feeling. We've all been there at one time or another, always lands when you least expect it tho. So keep eyes peeled.
And worth noting still sub 0.15 recent placing....
Indeed. I wasn't trying to ruffle your feathers by the way. It's just frustrating after all this time that we can't get a straight answer to the Nayega question and it's never ending delay.
Shareholders new will bump this up.. I suspect a few getting bullish here. Certainly volume today may indicate a run.
Jim i've certainly taken stock of the past; plus & minuses. The risk reward to me feels weighted to the upside now. Atb & heres to the company delivering for all shareholders new & old
Yes, I and many others are still waiting for the upside from KRS, formerly FRX. It may come as a surprise to you to find out how much skin in the game the BOD has, but their previous track record is what got may of us in here at the start. So, ignoring the past, bad and good, is not always a prudent or learned approach. Just saying.
Jim - don't want to argue with you but things change. As I said, not really interested in the past. Least of all 9yrs ago. Presumably you are here for the upside too. Gl
Togo shows like our logo for how not to go about for FOMO on an eventual no-go.
Mate, we all thought the same thing when we ventured into gold tributes when iron ore collapsed.
Sure, why not. I mean, I've tried voodoo and sacrificing chickens among other efforts over the years ;-p To be honest, I get kinda tired of people reposting the same information we all know already, like it's a revelation. A whole lot easier to be, and remain, positive I suppose, when your buying in at 1/10th of a penny, lol.
We aren't in the orphan stage at all - Utah transforms this into a development and producer phase pretty much instantly now and togo just requires the long awaited permitting and is a production ready asset. I have no idea when togo will get its permitting but the fact the Board has diversified by weaving in another producing asset and backed it to the tune of $700k with there own personal funds in addition to what they already hold is the buy signal i need from this lowly mkt cap.
So the 11th June RNS here shows most up to date director holding positions, which you can add $700k to now:
https://www.lse.co.uk/rns/KRS/director-pdmr-shareholding-8ltxvgpebv54ldk.html
The previous directors loan conversion of £458k at 0.40 is contained here, 27th August 2019 RNS:
https://www.lse.co.uk/rns/KRS/keras-resources-plc-fundraising-of-350000-and-conversion-of-loans-xxaxlxubpjemek1.html
All in all substantive skin in the game from Directors.
Let run with the positivity Jim.. might get that license signed.. I’d imagine a brief case full of cash would be more effective mind..
We'll remain an 'orphan' as long as the license is not forthcoming. 'Been ready to produce for years now otherwise. But if you know better than the rest of us as to its arrival, then good for us all.
None taken - also no offence but whether you've been here 9yrs or 90yrs makes little difference to me. I'm not investing in the past, sounds harsh but its fairly irrelevant - theres no prizes for the length of time you hold. Mining is a capital and time intensive business. I try and catch these either side of the 'orphan period' not through it. Gl
No offence mate, but having been in here for 9 years I'm quite aware of what our status is. The license was supposed to be issued in 2014 and we've had nothing but trials and tribulations since.
I would love Togo to go live, just don't believe it presently, I am glad they have a new asset however hard it is to value.
From the interview with Sharetalk today, they are ready to go on the ground in Togo to with a contractor in place just needing the greenlight obviously - so as soon as that permit comes in its onto production their as well. I've taken quite a fair amount of stock in 12s today. Its good to see them diversify into a producing asset in Utah and now they aren't hostage to one asset waiting on a permit, although I sense that permit is not far off now.
One in your hand is worth two in a bush ;-p
I'm buying something afoot
The issue is that Nayega has been ready to go since 2014, lol!
I hadn't realised the Board had so much skin in the game here & now two production ready assets to go at.
So in addition to personal funds of $700k that Lamming & Reeves have elected to convert into KRS equity at 0.12 they already held the following percentages as at June 2020: Reeves 17.71%, Lamming 5.71% & Moritzs 3.28%.
Also Reeves & Moritzs previously converted £458,900 in director loans to KRS equity at 0.40, August 2019.
Theres other multiple on market purchases to at multiples of the current price, only have to look back through last 12/18 month RNSs.
Some confidence. Looking forward to production kicking of at Utah and Togo permit that is a beast and I would expect sp to be multiples from here.
Early Bird, You seem to be flying on my trajectory into a few of my stocks - let’s hope your wings aren’t clipped ??