The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Yes you are correct. The story of Keras isn't well known so lack of buying. That will change.
Well our shares in Calidus are up 10% overnight now 33 on a normal day that would give Keras an uplift but markets are in selling mode this morning so perhaps this afternoon, just can't believe we aren't in the 60's by now. Our time will come. Next year Rodders.
Still a massive bargain.
Keeping it simple.
Our shares in Calidus are currently worth 12.78 mill. Now that on it's own is undervalued for a commercially viable gold mind in Australia.
Keras is currently valued at 12 million.
We have some cash in the back.
We also have a massive mine in Togo which has been proved just waiting for Goverment License and the incentive is for them to approve as they get 10% this is due anytime now.
The Togo mine is currently priced at Zero yes Zero
So either the mine is worth NOTHING or Keras is undervalued.
My money is on the obvious. The price will correct at some point.
Well this is the start of the ride upwards that LTH's have been waiting for. Just don't think that many shares are in circulation so with any further demand (which will happen) the SP will be over 1p sooner rather than later. Gla I'm not selling any until this all plays out as a bagger is as guaranteed as you can get.
Watch this space.
Calidus shares were up 9% before the trading halt. Interesting times ahead. Unless we are also suspended (doubtful) we provide a decent back door entry into Calidus so I would expect our shares to be up today.
Keras has been so undervalued for so long. News which will uplift the value to a more sensible level is due. Have we now got the licence to mine ? If so great that's part one. Then in short order we have Calidus now that's the interesting part. Noticed Calidus so starting to move upwards at long last let's hope it holds but massively undervalued with all that Gold. Interesting times. I'm holding and expecting decent profits then income once mining.
Well said and fully agree with you. Pennydealer is one of those people I would love to meet to give a few choice words. Think he/she has some sort of mental issue as with mufcm not far behind. If either say they are shareholders or were shareholders I wouldn't believe a word on that score the boards would be a better place without them.
Added 855'528 shares at .03369. Planning on keeping my shares in Calidus after the escrow period as I think the price won't reflect true value initially unless Alakane make an offer for Keras's shares after release date which is possible. Just rounded up the amount I am holding within my Isa with some unallocated funds. Will no doubt add more in due course if price stays at this level.
ALAKANE also sitting on 80 million in cash already invested a few million with us so holding 15% of Calidus. I see them heavily involved in some way moving forward. I'm looking to add again soon.
You are lucky. I had a flight from Turkey to Stansted cancelled with 3hrs notice by Easyjet. Most budget airlines don't give a toss about customers.
From selling myself on street corners. 😂🤣
Decided to top up 1.5 mill @ .3250. Thanks for replies Guys. Weak market at the moment so taken advantage of this fact.
Oilmagnet & PInecone thankyou for your detailed replies, just find it frustrating. Been thinking of adding but just wondering what has been missed. But the escrow situation needs to be resolved hopefully with a buyer of the complete Gold mine as a buyer of the recent placing took all available Cal shares at a premium so perhaps they are interested in a load more. Time will tell.
Just can't figure out why we have a lack of interest here. Even decent news fails to lift the sp. One of aim's best kept secrets. True value will out before year end.
On it's way to 20p easily achievable from this level and that's only back to 35p if I include the divi recently paid. News is due soon or a buy out so to buy currently makes sense that's what a large buyer is doing.
Juxtaposed. Yes a difficult decision and only one you can make. I had a target of 2.50 and earlier refused 2.46. This does look good for decent gains my average was lower than yours so easier for my decision. Good luck all the signs are good and some recent heavy buys.
Yes you are probably right and I should have left half in or at least some in. But I have made my choice only time will tell if a good or bad decision. But it's a decent profit and hope you guys make decent money as well. We all trade to make money Seen a profit turn to loss and vice versa so many times this time it stays as a profit. Thanks for best wishes etc. Good luck all.
I've decided to move on and take profit. 29800 shares at 2.50 a few mins ago. MM took them in one go was offering 2.46 earlier. I sold as I want the funds elsewhere not because I think this is a bad investment but if the sell on news applies here or news not so good it may take a long while to get back to 2.50 so risk for me wasn't worth taking as I managed to buy some at 67p hence profit taking comes into it. Gla I really do mean it for health & wealth reasons.
Excellent week and not much profit taking today which is good. Seems as though the bigger players are loading up soaking up the profit takers. As time goes by shares available will become less and more tightly held and if buying continues we can move up to the next level. My target remains at £5. But expecting far more as if successful Rene will be valued at 4 times this level at least and we still have Stroke treatment results due early next year. #excitingtimes.