Member Info for kvt123

At my desk...so quickly from memory...BoD is Tony CEO, Charles and Brent. Major shareholders are Coward family..Carl sits on the Board of Delta Capital pty (corporate advisors in Aus) background in m&a, corporate finance etc, Van Duten family and a few others..a nominee account forget the name. Infos out there in the admission pdf I think...

cashburn over the years also.

This is a standard main listing as well. Shows that the BoD wanted to attract a quality company (up to 50m enterprise value) from the get go and felt spending the extra 250k in a standard listing would be money well spent.

Gives a new meaning to the "golden tickets" cliche...doesn't it. The volatility will be tremendous, but hugely rewarding...gla

With regards to the BoD selling, the Directors have been searching for almost 4 years and have undertaken due dilligence on over 30 potential enterprises all of which have failed to meet the necessary criteria and have hence been rejected. The BoD are clearly wanting a bumper pay day from this RTO and then probable retirement.

Thanks for your reply Hh100, historically the AGM has been held earlier in the month, so I would summise that the timing this year is strategically important.

Main market. Tradesonaim, have you looked at the NHO angle? Speculative admittedly, but NHO listed on TSX also a clean shell are currently suspended pending confirmation of an RTO. Strong links between ACO and NHO at BoD and major shareholder level. Chatter about a possible acquirer of substance seeking a dual-listing in UK and Aus. Do a bit of digging and it gets very exciting..

Hi Hh100, I think that I may be labouring under a misconception here, which is why I'm expecting a trading halt in conjunction with the release of the prospectus. Am I right in thinking that ACO shareholders have some kind of participation in the passing of the resolutions at the GM which then paves the way for the allotment of the subscription shares? Also, are the investors purchasing the subscription shares necessarily acting on behalf of and/or related parties to the ACO acquirer? I think I've confused myself even more now...

Personally, I would be surprised if we weren't suspended but completion is expected on the 30th Sept. So even if the prospectus is released for shareholder analysis tomorrow, suspension should only last for 30 days. However, Hh100 makes an interesting point that rto's do occur without a trading halt, so will have to wait and see... Very excited with this one...tiny mcap, very few shares available, totally under the radar = explosive.

ACO figures for number of trades per month: August 2015: 13 September 2015: 5 October 2015: 3 November 2015: 16 December 2015: 6 January 2016: 2 February 2016: 3 March 2016: 5 April 2016: 3 May 2016: 5 June 2016: 281

Volume is normally very light, we often have only 4 or 5 trades a week...July 16 was, by comparison very busy with over 150 trades...something brewing perhaps...

(Main points courtesy of Manlord) http://www.youtube.com/watch?v=yggP8J5tSPE&feature=youtu.be Main points: * Gold forecast A$1,900 - $2000 /Oz by year end. No big gold discoveries recently and with political unrest the future is bright for gold. *Lynseys mine is batch mill for profit share which is easy to account for. We get mgt fee and also 49% but anything over A$1,600 / Oz we get 70% profit. Finalising accomodation / water supply and tenders for contract rates. Will update shareholders with schedule & costs per Oz when complete (this quarter) & when portal area safe we will move in soon after. * Currently great savings to be had with additional capacity in the industry. * Virgin Bush to mining to rehabilitation in 3 months - very happy with progress * lessons learned over 3 months - bigger diggers now used giving better productivity. Rigid haul trucks now changed to 6WD trucks so no downtime in wet conditions & less overall operating costs. Now also hiring operators internally so no middleman fees.  * The different mill will not upset Norton. It's cheaper and has quicker processing (12 days)  * double grades being mined so this quarter is going to be exciting. *POW - drilled upper section, permits in and approvals imminent. Tenders sent out already for cost comparisons. * working down to declines, rich vein gold, 15-20k Oz by mid 2017 from there alone but will aim to ramp up.  * ASX is major possibility to tap the Ozzie market - dual listing contemplated and wants our own mine to get well over 40k Oz of gold to entice II's and possible mergers. It will also maximise profits snd revenue. * Big value in Togo - not dead and not forgotten as an asset or operation. It will certainly add value and mining permits still ongoing.  I'm in no doubt that DR is in full control here and working his way towards serious shareholder value. Roll on 2017 as quite frankly the ups and downs don't concern me one bit given the trend. Happy to hold and accumulate as and when I can. The upside far exceeds any downside of which I'm struggling to find.

At $1640 we were making £200/oz gp For every $100 increase in PoG, we effectively gain $74 (average across all tributes). You can ignore costs at this point as they are already covered by the $1640, so it just adds straight to the bottom line. Therefore, $1846 adds $150 per oz or at 1.75 ER to GBP=£90/oz additional profit. 30k oz = an additional £2,700,000 profit

High grades Shrew - as you say DR very positive and a great update - 3g/t is double A & A grade so that's a real step up. Also have options this time over the choice of toll mill as not tied to Norton necessarily. The terms of the agreement are as follows: 5% of predicted profit to be paid upfront to a 5% holder of the permit A$70,000 to be paid to the owner of the right to mine from first gold production 2% royalty payable to Norton Gold Fields All profits to be split 50:50 between the right to mine owner and Keras. Lots of I's to dot and t's to cross on other activities which will become clear in this exciting quarter for the company.

Another interview with DR . INTERVIEW: Keras Resources Plc CEO A Fantastic Time to be in Gold 8th July 2016 http://bit.ly/29ypRu1 Good luck everyone !

75600t @ 2.87+g/t ((DR talking 3g/t) Thats 1512 x 50t loads 10 loads a day x 2 lorries = 75 days carting of ore. 3 months from now to keep us going until PoW or Lyndsay kick in. Any lag, and Royal Standard or Bent Tree are still there to go at. All good from here. 50t loads @3g/t = 150g/load or nearly 5oz/load - @ £240gp per load that =£1200gp/load

http://www.investegate.co.uk/goldplat-plc--gdp-/gnw/trading-update/20160711070028H7577/

I suppose as long as we are stock-piling and the POG continues to rise, it's all good..we just process at a higher price than we would now. Facepalm of the highest order though that we were not ready to roll after the thumbs up...

Could be Wolf, time will tell...but we need to get back to producing pdq..POG is a gift horse atm and we need to start capitalising on it...gla

Company website - http://www.kerasplc.com/ Keras podcasts and media - http://www.kerasplc.com/podcasts.aspx