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That's no way to talk about my nether regions...
You need to change that carpet...
Stalker...
Well Andee!
Being at the centre of all that “hope” must be a good “Omen”!
PC
Which particular street is it you live in then Jim?....
https://maps.google.com?q=Hope,%20Hope%20Valley&ftid=0x487a2c9e7461625d:0xceb30def00b99993&hl=en-GB&gl=uk
Well, the chances were high and the company said it was expected. Apparently not expected enough when booking the visit though, lol. We continue to wait and live in hope.
I mean the final Permit* they have the mining licence of course. You know what i mean.
What are the chances of the Government resigning when they did tho lol, its quite funny in a strange way that it should happen to Keras after the wait they've been put through.
I think give them some room now with this new Minister, a return leg so immediate after the last visit is most encouraging. I would expect the licence or a very clear way forward.
They ended up spending 3 weeks there, 1 year after the Ministerial decree was issued approving a license, which in itself is 6 years after we were first informed the issuance was imminent. The lack of license information from the 3 week visit is worrisome to me and all we are doing is once again presuming the return visit will turn out to be the definitive one.
The bright side is that we now have Falcon Isle, which is already in production. If we did need to consolidate, it’s unlikely we’d do it and then dilute the share to death like some companies have.
It will be interesting to see how the market reacts if/when the permit does land, Togo is a huge play.
With a bit of luck this new Minister has a more can do attitude then the previous one. I'm cautiously optimistic about them returning to Togo so soon after there last visit only a few wks ago. I'm led to believe this new Minister wants to make an impression and get things done, she's the youngest appointed minister in this Government at just 29 and being from the Private sector thats got to help. Fingers crossed.
They were looking to do it at the beginning of the year but didn't proceed. In his most recent interview with sharetalk when asked about it RL said would do it when cash flow positive post permit, important when you do it.
Lets get this permit first shall we. Immense upside awaits.
1 for 10 https://www.investegate.co.uk/keras-resources-plc--krs-/rns/corporate-update/202001171015031708A/
There was an rns that stated there would be a consolidation once the exploitation permit was obtained....I don’t think it said by how much though.
It's straightforward enough, find something unloved, cashed up and near term catalysts and just be patient. Why chase pumps?
eua to for that matter. They've all multibagged and so will this and they were all unloved at the bottom like this with bags of potential.
Yeh at 0.24 there not in the money yet, perhaps when the share price is past 0.30/0.40 then you may get a few exercising them.
Similarly ufo bzt and gwmo had them staggered in this way, they've done really well and I expect this to follow as well on permit approval.
Gloster- thanks, forgot about those warrants from that rns.
984,357,334 Warrants. None exercised as of today.
Details here -- https://www.investegate.co.uk/keras-resources-plc--krs-/rns/acquisition-of-producing-phosphate-project/202007301615076645U/
Tradedesk- you mention warrants at 0.24p, could say how many of these warrants outstanding are and any conditions- when were they issued?
True and I think the shares will be in quite a bit of demand and rerated quite substantially post permit approval, not neccesarily in a straight line but I can see money flowing in as Nayega practically derisks the whole company. You've a resource sector thats heading into a major bull market to so it can easily over shoot to the upside. They'll be the initial reaction and it may get traded a bit and then a gradual move up as more sticky pi's come in replacing any hot money, should see the warrants at 0.24 get into the money with ease and that'll bring more into the coffers. Theres a huge pi base on the sidelines waiting on this to be derisked as well as for years its been neglected because of the delays. I do see this closer to 1p than 0.50 not too long after the permit is with us. There are some crazy valuations on substantially less and all these tickers have been out of favour. Theres an actual operation here.
At current share price, it wouldn't take too many years of dividends (once at full production volume) for the shares to make themselves free carry.
Hangover for sure, but the actual boring reality is I will be hanging onto them for the proposed dividends.
I’d prefer to be boring and rich rather than complainingly lively and impecunious.