Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
Riu interview
https://m.youtube.com/watch?feature=youtu.be&v=FwR_CsdJpqs
Taken from Keras webpage
Although this is a single bulk sample exercise, Keras has opted to purchase the bespoke scrubber plant rather than outsource to ensure that the optimal grade is achieved during this programme and so the Company can seamlessly transition to commercial production once relevant approval is granted. The entire bulk sampling programme is estimated to be completed in mid-January 2019.
Russell must be fairly confident the exploitation licence could be granted soon after the bulk sampling exercise....
You beat me to it Andee
Calidus Managing Director Dave Reeves commented,
“The appointment of GR Engineering to undertake the Pre-Feasibility Study for Calidus is another step towards development of the Warrawoona Gold Project. Detailed inputs for the study have been collected over the last 12 months to ensure an accurate representation of the economics can be provided to investors on the completion of the Pre-Feasibility Study and allow discussions to commence with debt financiers.
With regional drilling of untested anomalies due to commence next month in parallel with the Pre-Feasibility Study, we believe we are just starting to unlock the true value of this untested greenstone belt in Western Australia.”
http://www.investi.com.au/api/announcements/cai/13fd47e5-dde.pdf
For CAI
http://www.mining.com/calidus-shares-soar-upping-warrawoona-gold-resources-75/
Your 8.45 post was quite clear..”Also some idiot sold 1mill at .36p.”
Not to worry though, I’ve calmed down again.....lol
I have noticed other trades like the ones you mention on other days that an rns has been released. I agree, it’s not clever trading...
Canaries. Whilst I share your optimism in this company I think you should know that ‘ idiot’ had a higher than expected tax bill this year, sold that 1million shares at a profit and still has 6m shares in Krs.
People sell for different reasons and it’s their choice. They shouldn’t be blindly judged for it.
More good news
? Recent geological modelling across the Klondyke and St George Shears indicates significant potential to continue to grow the Resource through additional drilling both along strike and down-dip.
I’m no expert but it looks like we have a valuable asset.......
Calidus Managing Director Dave Reeves commented,
“To effectively triple our high-grade resource base to 1.25 million ounces within 18 months of listing highlights the unique attributes of the major gold system at Warrawoona.”
“Given the shallow and high-grade nature of the resource and its prime location in proximity to high-quality infrastructure and a number of operating mines, Warrawoona has rapidly emerged as a highly-valuable asset which we believe will clearly justify the development of a standalone mining and processing operation.”
“The updated resource will underpin the pre-feasibility study that is due for completion in Q3-CY2019 and the subsequent bankable study as we continue our strategy of becoming a low risk, near term gold producer.”
“There is obvious opportunity to grow the Mineral Resource along strike and at depth, plus we will evaluate and test a number of regional prospects in 2019, which have excellent potential to generate shallow ounces that could be included within our overall Mineral Resource inventory
Spoiler alert.1.25m ozhttp://www.investi.com.au/api/announcements/cai/083e6c33-df2.pdf
https://mobile.twitter.com/kerasplc
Hoping Russell is right,
“hopefully more good news on the horizon!"