Member Info for Egg1000

Just a thought. If hole 25 drilled over the top of a system and contained visible traces of copper. Do we think it could get some good gold results from the assays? It may have a gold hayo like racecourse Iceberg thought the new system maybe gold centric. Thoughts anyone? .

Unless u have got good title u aren’t getting any funding period. There is a reason why the market values it as it does.

I can’t be bothered to waste my time and count them. But 5 raises and 5 delays. Nice One LC, Nov will be no different. By the time the dilution is finished KAT will have no gold. Now I see why you didn’t buy any shares in KAT when you floated it for 5p. Cheers

Just remember when it’s time to talk turkey. If AA try and play hard ball we don’t have to sell then the 20%. They will want that , so that’s our ace up the sleeve to try and get the best price. CB is a dream of a CEO, very likeable to

Know0

Please let me know what I have missed? In their company presentation on their website they forecast $10m annual cash flow for years 2022 and 2023. In the H1 of 2021 they had income of $13.4m. Where did the figure of 175m come from?

Thanks egg

Thanks you for explaining.

So although it’s CB states aim to get to 2mt and see what AA want to do. I can see how that would benefit us, but It’s effectively means we could undersell the rest, before fully explored

I have a question about the AA buy back. What’s actually do they have a hold on? Just the area we intend to mine and the 2mt? Therefor racecourse is sold back to them. We could retain foot rot and carry on exploration on the rest of the license? Thanks in advance

Thanks all for the info, on here. This share ticks all the boxes for a AIM share.

If AA have a 80% buy-back option at 2mt is there a possibly that the project could be sold without realising the full potential?

Egg

So KAT doesn’t have a gold project any more. Only haneti, which will require lots of dilution fit shareholders to drill. Talk about being led up the garden path. KAT isn’t investable and was hardly investable before!

Macca. Keep up the good work. U make me smile everytime I read this thread

To the moon

50/50 on either a placing or closing of the blyvoor financing. Gla all. I will be watching from the side lines.

The clue has always been that LC never purchased any shares himself. Only recently at very small levels . His intention was to dilute PIs until it ends uo under a penny a diamond dill 400m down will require millions to fund. I have sold today. This share is utter crap and I am only at a 15% loss, I. Just don’t see a good outcome here

Well done for holding from the recent lows, obviously that wasn’t the time to sell. I am de-risked some as my ave is 2p and multiple timelines have been missed. Happy to hold though to see what happens

If people want out of this share, I can’t see the point of selling now, when sentiment is so low. Resource update, drilling news and finances news on the horizon , AIM shares tend to rise in anticipation of news (good or bad) so I am expecting a slight recovery in price. People buying high and selling low is bonkers to me. Might as well wait until then. Personally I am holding and hopefull for a rerate. On the 22nd sept LC said we are funded for the foreseeable future. The JV was loaned £790k for their work and no doubt the drilling will take a Chunk of our money, but we have the necessary funding for the next two months. so I will wait and see what’s happens

22nd sept interim results

‘The company raised £1.1M in an oversubscribed placing which has put the company in a solid financial footing for the foreseeable future’

He has indicated that there won’t be any raise anytime soon. I do fell mislead, leaving it to the last day to signal a delay, I would be fire if I did that at my company. Lucky my ave was low around 2p - all I can do it sit and wait this out. This is the worse time to sell imho

Last week there was a tweet nearly every day- which showed a lot of confidence the deal will be done. Now there hasn’t been a tweet for the last two days . They must of done the deal imho

I work in construction and understand how conditional contracts work. Our interest in the project is dependant on the finance being concluded, hence why the market is having trouble valuing KAT. It’s all or nothing. What gives me comfort is that the JV partner has extended the option 2 times already and we have lent money to the JV . So we are all tied into together. Fingers crossed. Will take profit though on any spike . Egg

Just found this share. At 10,000 tons at month, what profit are people expecting ?

Thanks about much LC can pay himself once the mine is up and running? - he now has shares in the company also from the recent placing. That signals a buy here to me