Member Info for MontyUK

For gods sake! Unbelievable.

I believe wholeheartedly that it is both professional and ethical to update the market with timely and accurate information. The key for me is when an RNS WITHIN their control uses the word “imminent”, then when that doesn’t happen, they MUST explain why. Anything less is unprofessional at best. Simply put, would anyone if us get away with this lack of communication in our days jobs!?!?!

Can someone please remind me if I have it right that we have around $60m AUS in tax relief allowances available once we get into production or am I imagining that? If I’m right, this seems to be carrying no current value to the stock price - any ideas?

To be fair, Google has a lot of information that would back the claim up. Not saying it’s accurate, but certainly not a good light!

I don't disagree, but a change of messaging in such a short period is a little frustrating.

Would Calidus claim "Fully funded Pre-feasibility Study (PFS) commenced, completion due Q3 2019" in a March report, and now in April claim "Proceeds of the placement, together with Calidus’ existing cash will ensure the Company has sufficient funding to complete the pre-feasibility study (PFS)"

Go figure!

How many CAI shares are now in distribution and what is the effective dilution to us?

Before 1,419
After 1,499
Dilution 5%

Is that right?

So just purchased another 292,160. In Specie value in CAI shares around £900, so the KRS shares cost me around £75.... people are likely to catch on sooner or later right? :-)

Russell Lamming, Chief Executive Officer of Keras, commented, "I am pleased to provide this update which is the result of 6 months of hard work by our management team and the authorities in Togo. We have spent a significant amount of time with the Togolese authorities to secure an agreement which will underpin the success of Nayega over the next decade and provide robust cashflows going forward. In addition to the commercial benefits to both the Republic of Togo and Keras shareholders, the agreements include a Social and Labour plan which will provide funding into the local communities surrounding the mining operation. We expect authorisation prior to the wet season starting in the next few months.

AGM RNS only eight weeks away, so they will be forced to disclose something by then...

Artyth, I agree. Don't get me wrong, I am heavily invested here, but as a former MD, I can't imagine having not published a monthly report, communications to stakeholders, emails, or simply some form of communication for nearly six months. I would have been sacked. If they are doing their job, then they should simply tell us, if not, they should put salaries on hold to stop cash burn etc. It's a joke. Even if they have some good news, I see no excuse for their unacceptably poor engagement with the market.

Thanks... fair enough. What’s next? Alls a bit quiet now?

Still no update on the following over a month ago? "The 10,000 tonnes of manganese ore have been transported to a secure location in close proximity to the deep-water port of Lomé awaiting shipment in mid-March by the end-user."

Some of the grades aren't that exciting are they? I think until we know more, I wouldn't expect to see much of a reaction. It does however show that it's all to play for, and share price is still very much suppressed in my view. PFS is the big next step.

Still taking full salaries? Given they have had time off, something should give? In my experience if the revenue isn’t there, you need to cut cloth accordingly... roles employed aren’t useful at the moment are they? I have been supportive of GEO, but this is taking the £&@@@/:!

Anyone know if this shipped on time and what happens next? Can’t remember seeing any confirmation?

Sorry, I have lost track a little. Can anyone confirm when the In Specie transfer will happen? Is it on the second anniversary of floatation, i.e. end of June 2019, or upon completion of successful feasibility, i.e. CY Q3?

Fortunately I don’t have these shares in my pension, as I only have 20 years left before I imminently retire. Rediculous!

I agree with everything, but let's not forget Martin Churchouse was there at the time as well.... the apparent expert. Greg would have been advised by Martin. All in all, 'near term' doesn't mean anything anymore.

That should say “blinder” not “blunder” though I think my iPhone may know more than I do!

I have to be honest, I am not sure what the board has been doing for the last few months. Just waiting and getting paid amounts to a six month holiday at shareholders expense and raises the rise of a raise. I used to think Keunzel was hopeless, and had optimistic hopes for the changes, but so far nothing. I have to say when this permit is awarded, I am expecting some blunder on the back of it give. The time they have had to prepare.