The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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KRS and SML - both this time next year, folks, handsome multiples of where they are now - can't wait.
Gotta mention time scale.................!
19th Nov is the cut off for inspecie dist, so not long.......... :)
All the best (it is the 19th isn't it? took that from memory rather than double checking :()
With that simple explanation it’s clarified it even more for me! I’m buying MORE!!!
Thanks for the info Prop (and others)
dv, Hope that information helps you to decide your course of action.
pc, Thanks for the prompt replies.
It’s now quite simple!
You buy .......
1000000 Krs = £4500 today!
You get given!
290504 Cai shares based on (3.44229 split) =£3393 today
Each share is suffering from the demerger nervousness!
Both are really positive companies in their own rights!
PC
Pinecone, Would you mind sharing with dvharrison your CAI share-distribution calculations, please.
Morning DV, Indeed, a break from our other common holding of a couple of years (notice that you're in EUZ, too, in which I have a residual holding). Anyhoo, Pablo - one of this board's many illustrious posters - deposited his summary, below, of Keras's presentation, last week, to some of our contributors who attended it.
'Great to meet Chirpy Cheep and Markyess - presumably I saw you too Pinecone but didn't clock your LSE name.
Really enjoyable and twp folks from my SOU adventures were there who also needed cheering up.
Dave presented first for Calidus and interesting stories of how they consolidated the land grab in the old days from quite eccentric individuals. Also interesting to know that 'poaching' (of gold) still goes on both legally and illegally. They cannot refuse to allow mini prospectors to have a little dig around with their picks and allow it on the understanding all little nuggets locations are logged with us for future area investigations. So minor in terms of gold removes from surface but can be quite informative. Dave also mentioned we have not drilled anything below 250m whereas he fully expects gold down to 1km so LOM could well be seriously extended over time.
Dave interestingly said to me later that Calidus will 100% be taken over at some point. He said they had companies sniffing around all the time but it will probably not be until production starts though that's not long being 2021 I believe. The Environmental permit is about the only slightly grey area beyond our control, like most other disused mines, we've got bats, particularly of interest are our 'ghost bats'. These and other environmental considerations take time to discuss, work around, but nothing seen as a big problem. Great presentation, nothing to stop us, CAI share price he thinks under stress by fearful Aussies expecting a Keras deluge to hit the Aussie market which won't happen or will only happen in a limited way for a limited time.
Russell next up, another great presentation but couldn't stress enough how simple our business was compared to gold mining, just dig up the first up to 4m of earth put it in a type of washing machine and truck it off to port was the essence of it. The timings of the CAI consolidation and our distribution, pretty well set in stone now for overnight Nov 19/20, are unfortunate but no real problem. We will be issued our shares and then they'll be consolidated around the end of November. Dave stated this essential for big ii's to get involved with CAI. Russell also said we'd have a consolidation one day.
Paperwork all but done for our exploitation license and it's absolutely confirmed, president, etc. Togo becoming investor friendly at last.
Always possibilities for considering other projects and looks like our one should run itself pretty well by Q4 next year. Production to start very soon in the New Year, not sure I heard correctly the short wet season considerations, but we should be generating cash in Q1 I bel
Downside Risks!
KRS. .....
EV’s fail to take hold across the world.......leading to a reluctance to invest in MN!
Farming....scientists come up with a sustainable substitute with all the benefits of MN!
CAI....
There is “NO” Gold in them hills!
The “Bats” are surrounded by protesters and all work halted whilst they get Sir David on the case!
“FAKE NEWS”
PC
Morning Prop, good to speak to you on a different bb! Took my (anticipated lol) short term profit out of kefi on the spike and now looking for its next 'home'. Note the potential upside here but just a little concerned about the muted 'market' response through a much higher share price (sub 0.5p as I speak). What is the potential downside/risk of investing here? gl
Well, I though 2p would have happened a couple of weeks ago; now, I reckon it will reach it sometime in q1 2020.
With free mn involved.............!
apologies all........... I'm ramping......... ;)
All the best (or promoting, each to they're own :)